Greencoat Renewables (LON:GRP) Trading Down 1.2% – What’s Next?

Greencoat Renewables (LON:GRPGet Free Report) dropped 1.2% during mid-day trading on Friday . The company traded as low as GBX 0.76 ($0.01) and last traded at GBX 0.76 ($0.01). Approximately 243,115 shares were traded during trading, a decline of 21% from the average daily volume of 309,483 shares. The stock had previously closed at GBX 0.77 ($0.01).

Greencoat Renewables Price Performance

The business’s fifty day moving average is GBX 0.80 and its 200-day moving average is GBX 0.87. The company has a debt-to-equity ratio of 96.06, a current ratio of 4.05 and a quick ratio of 15.30. The firm has a market cap of £847.40 million, a PE ratio of 14.74 and a beta of 0.03.

About Greencoat Renewables

(Get Free Report)

Greencoat Renewables PLC invests in, acquires, operates, and manages wind farms in France, Finland, Sweden, and Spain. As of December 31, 2021, the company operated 25 wind farms with an aggregate generating capacity of 800 megawatts. It also invests in solar generation assets. The company was incorporated in 2017 and is based in Dublin, Ireland.

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