Greencoat UK Wind (LON:UKW) Shares Cross Below 200 Day Moving Average – Here’s Why

Greencoat UK Wind PLC (LON:UKW)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 125.20 ($1.62) and traded as low as GBX 108 ($1.40). Greencoat UK Wind shares last traded at GBX 108.80 ($1.41), with a volume of 5,824,392 shares.

Greencoat UK Wind Trading Up 1.0 %

The firm’s fifty day simple moving average is GBX 114.07 and its 200 day simple moving average is GBX 125.20. The stock has a market capitalization of £2.45 billion, a P/E ratio of 31.56 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.

Greencoat UK Wind (LON:UKW) last announced its quarterly earnings data 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, equities research analysts forecast that Greencoat UK Wind PLC will post 14.4164038 EPS 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.