Greencoat Renewables (LON:GRP) Reaches New 1-Year High – What’s Next?
by Michael Walen · The Markets DailyGreencoat Renewables (LON:GRP – Get Free Report)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 0.80 and last traded at GBX 0.79, with a volume of 116015 shares trading hands. The stock had previously closed at GBX 0.78.
Greencoat Renewables Stock Performance
The firm has a market cap of £8.54 million, a price-to-earnings ratio of -0.17 and a beta of 0.32. The business has a 50 day simple moving average of GBX 0.76 and a 200-day simple moving average of GBX 0.74.
About Greencoat Renewables
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.