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

Greencoat Renewables (LON:GRP)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 0.76 ($0.01) and last traded at GBX 0.78 ($0.01), with a volume of 86468 shares changing hands. The stock had previously closed at GBX 0.78 ($0.01).

Greencoat Renewables Trading Up 2.1 %

The company’s fifty day moving average is GBX 0.83 and its 200-day moving average is GBX 0.89. The company has a debt-to-equity ratio of 65.97, a current ratio of 0.25 and a quick ratio of 15.30. The company has a market capitalization of £9.07 million, a PE ratio of 6.12 and a beta of 0.03.

Greencoat Renewables Announces Dividend

The business also recently announced a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 7th were paid a €0.02 ($0.02) dividend. This represents a yield of 1.89%. The ex-dividend date 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.