Greencoat Renewables (LON:GRP) Shares Climb 2.6% – Time to Buy?

Greencoat Renewables (LON:GRP – Get Free Report) shares traded up 2.6% during trading on Wednesday. The stock traded as high as GBX 0.78 and last traded at GBX 0.78. 167,220 shares changed hands during trading, a decline of 57% from the average daily volume of 387,430 shares. The stock had previously closed at GBX 0.76.

Greencoat Renewables Stock Performance

The company has a debt-to-equity ratio of 107.19, a current ratio of 0.18 and a quick ratio of 15.30. The firm has a market cap of £8.41 million, a price-to-earnings ratio of -0.17 and a beta of 0.32. The firm has a fifty day simple moving average of GBX 0.78 and a two-hundred day simple moving average of GBX 0.76.

Greencoat Renewables Company Profile

(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.

Further Reading

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