Greencoat UK Wind (LON:UKW) Shares Pass Below 200 Day Moving Average – Should You Sell?

Greencoat UK Wind PLC (LON:UKW)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 127.92 ($1.65) and traded as low as GBX 109.70 ($1.42). Greencoat UK Wind shares last traded at GBX 112 ($1.45), with a volume of 3,941,663 shares traded.

Greencoat UK Wind Stock Performance

The stock has a market capitalization of £2.52 billion, a price-to-earnings ratio of 32.48 and a beta of 0.24. The company has a debt-to-equity ratio of 49.27, a quick ratio of 14.31 and a current ratio of 0.09. The stock has a fifty day simple moving average of GBX 117.25 and a two-hundred day simple moving average of GBX 127.92.

Greencoat UK Wind (LON:UKW) last released its quarterly earnings data on Thursday, February 27th. The company reported GBX (2.43) (($0.03)) earnings per share for the quarter. Greencoat UK Wind had a net margin of 29.24% and a return on equity of 2.15%. Analysts forecast that Greencoat UK Wind PLC will post 14.4164038 earnings per share for the current fiscal year.

Greencoat UK Wind Company Profile

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.