Greencoat Renewables (LON:GRP) Sets New 1-Year Low – Here’s What Happened

Greencoat Renewables (LON:GRP)’s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.81 ($0.01), with a volume of 1156286 shares traded. The stock had previously closed at GBX 0.85 ($0.01).

Greencoat Renewables Price Performance

The company has a fifty day moving average of GBX 0.92 and a 200-day moving average of GBX 0.90. The firm has a market cap of £9.21 million, a P/E ratio of 6.22 and a beta of 0.03. The company has a debt-to-equity ratio of 65.97, a current ratio of 0.25 and a quick ratio of 15.30.

Greencoat Renewables Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 7th will be issued a dividend of €0.02 ($0.02) per share. The ex-dividend date of this dividend is Thursday, November 7th. This represents a yield of 1.89%. 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.