Greencoat Renewables (LON:GRP) Sets New 12-Month High – Time to Buy?

Greencoat Renewables (LON:GRP – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as GBX 0.80 and last traded at GBX 0.80, with a volume of 178,743 shares trading hands. The stock had previously closed at GBX 0.77.

Greencoat Renewables Stock Performance

The company has a market capitalization of £8.64 million, a PE ratio of 0.32 and a beta of 0.32. The firm’s 50-day simple moving average is GBX 0.79 and its 200-day simple moving average is GBX 0.75. The company has a current ratio of 0.18, a quick ratio of 15.30 and a debt-to-equity ratio of 107.19.

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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