Greencoat Renewables (LON:GRP) Sets New 52-Week Low – Should You Sell?

Greencoat Renewables (LON:GRP) shares reached a new 52-week low during trading on Thursday . The company traded as low as GBX 0.78 ($0.01) and last traded at GBX 0.81 ($0.01), with a volume of 80877 shares changing hands. The stock had previously closed at GBX 0.82 ($0.01).

Greencoat Renewables Trading Down 0.7 %

The firm has a market cap of £9.23 million, a PE ratio of 6.23 and a beta of 0.03. The firm has a fifty day simple moving average of GBX 0.84 and a two-hundred day simple moving average of GBX 0.89. The company has a current ratio of 0.25, a quick ratio of 15.30 and a debt-to-equity ratio of 65.97.

Greencoat Renewables Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 7th were issued a €0.02 ($0.02) dividend. This represents a yield of 1.89%. The ex-dividend date of this dividend was Thursday, November 7th. Greencoat Renewables’s dividend payout ratio (DPR) is currently 4,615.38%.

Greencoat Renewables Company Profile

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.