Greencoat Renewables (LON:GRP) Reaches New 1-Year High – Time to Buy?

Greencoat Renewables (LON:GRPGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 0.80 and last traded at GBX 0.78, with a volume of 63185 shares trading hands. The stock had previously closed at GBX 0.79.

Greencoat Renewables Stock Down 1.0%

The firm has a market capitalization of £8.46 million, a price-to-earnings ratio of -0.17 and a beta of 0.32. The company’s 50 day moving average is GBX 0.77 and its 200 day moving average is GBX 0.75.

About Greencoat Renewables

(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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