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Greencoat Renewables (LON:GRP) Hits New 52-Week Low - Time to Sell?

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Greencoat Renewables (LON:GRP - Get Free Report) shares hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 0.73 ($0.01) and last traded at GBX 0.75 ($0.01), with a volume of 252398 shares changing hands. The stock had previously closed at GBX 0.77 ($0.01).

Greencoat Renewables Price Performance

The company has a quick ratio of 15.30, a current ratio of 4.05 and a debt-to-equity ratio of 96.06. The firm has a market cap of £839.61 million, a PE ratio of 14.61 and a beta of 0.03. The stock has a 50 day moving average price of GBX 0.79 and a two-hundred day moving average price of GBX 0.86.

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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