Greencoat Renewables (LON:GRP) Sets New 1-Year High – Here’s Why

Greencoat Renewables (LON:GRP – Get Free Report) shares reached a new 52-week high during trading on Tuesday. The company traded as high as GBX 0.82 and last traded at GBX 0.82, with a volume of 392,922 shares changing hands. The stock had previously closed at GBX 0.82.

Greencoat Renewables Stock Performance

The business has a fifty day moving average of GBX 0.79 and a 200-day moving average of 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. The company has a market cap of £8.77 million, a PE ratio of 0.33 and a beta of 0.32.

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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