Greencoat UK Wind (LON:UKW) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

by · The Markets Daily

Greencoat UK Wind PLC (LON:UKW – Get Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 125.20 ($1.64) and traded as low as GBX 108 ($1.42). Greencoat UK Wind shares last traded at GBX 108.80 ($1.43), with a volume of 5,824,392 shares trading hands.

Greencoat UK Wind Price Performance

The company has a debt-to-equity ratio of 49.27, a current ratio of 0.09 and a quick ratio of 14.31. The company’s 50 day simple moving average is GBX 113.60 and its 200 day simple moving average is GBX 124.84. The company has a market capitalization of £2.40 billion, a PE ratio of 30.83 and a beta of 0.24.

Greencoat UK Wind (LON:UKW – Get Free Report) last issued its earnings results on Thursday, February 27th. The company reported GBX (2.43) (($0.03)) earnings per share (EPS) for the quarter. Greencoat UK Wind had a net margin of 29.24% and a return on equity of 2.15%. As a group, sell-side analysts predict that Greencoat UK Wind PLC will post 14.4164038 earnings per share for the current year.

About Greencoat UK Wind

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Greencoat UK Wind PLC specializes in renewables infrastructure investments in energy, wind generation assets and onshore and offshore wind farm projects with a capacity of over 10 megawatt. For offshore wind farms, the fund seeks to invest 40% of the Gross Asset Value at acquisition and where a utility company retains an equity interest for a lock-up period.

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