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Greencoat Renewables (LON:GRP) Stock Price Down 0.3% - Here's What Happened

Greencoat Renewables logo with Utilities background

Key Points

  • Greencoat Renewables shares decreased by 0.3%, trading at GBX 0.80 ($0.01) with a significant drop in trading volume of 93% compared to the average.
  • The company has a market capitalization of £888.60 million and operates 25 wind farms generating a total capacity of 800 megawatts across several European countries.
  • Greencoat Renewables has a high debt-to-equity ratio of 96.06, indicating a potentially risky financial structure despite a healthy current ratio of 4.05.
  • Want stock alerts on Greencoat Renewables? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Greencoat Renewables (LON:GRP - Get Free Report)'s stock price fell 0.3% during mid-day trading on Monday . The stock traded as low as GBX 0.79 ($0.01) and last traded at GBX 0.80 ($0.01). 97,468 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 1,371,407 shares. The stock had previously closed at GBX 0.80 ($0.01).

Greencoat Renewables Price Performance

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 company has a 50-day moving average price of GBX 0.76 and a 200-day moving average price of GBX 0.76. The firm has a market capitalization of £857.43 million, a PE ratio of 14.92 and a beta of 0.03.

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.

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