Greencoat Renewables (LON:GRP) Hits New 52-Week Low – What’s Next?

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

Greencoat Renewables Price Performance

The business’s 50 day moving average is GBX 0.84 and its two-hundred day moving average is GBX 0.89. The company has a debt-to-equity ratio of 65.97, a quick ratio of 15.30 and a current ratio of 0.25. The firm has a market capitalization of £8.97 million, a PE ratio of 6.05 and a beta of 0.03.

Greencoat Renewables Dividend Announcement

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