Greencoat Renewables (LON:GRP) Trading Down 0.6%

Greencoat Renewables (LON:GRP)’s share price was down 0.6% on Monday . The stock traded as low as GBX 0.92 ($0.01) and last traded at GBX 0.93 ($0.01). Approximately 53,883 shares traded hands during trading, a decline of 86% from the average daily volume of 385,037 shares. The stock had previously closed at GBX 0.94 ($0.01).

Greencoat Renewables Trading Down 0.6 %

The business’s 50 day moving average price is GBX 0.93 and its two-hundred day moving average price 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 company has a market capitalization of £10.65 million, a price-to-earnings ratio of 7.18 and a beta of 0.03.

Greencoat Renewables Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, August 23rd. Stockholders of record on Thursday, August 1st were issued a €0.02 ($0.02) dividend. The ex-dividend date was Thursday, August 1st. This represents a dividend yield of 1.87%. Greencoat Renewables’s dividend payout ratio is 4,615.38%.

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.