Greencoat UK Wind (LON:UKW) Hits New 52-Week Low – Should You Sell?

Greencoat UK Wind PLC (LON:UKW)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 122.40 ($1.49) and last traded at GBX 122.40 ($1.49), with a volume of 4644849 shares traded. The stock had previously closed at GBX 124.20 ($1.51).

Greencoat UK Wind Stock Down 1.4 %

The firm has a fifty day simple moving average of GBX 126.70 and a 200 day simple moving average of GBX 134.75. 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 company has a market cap of £2.78 billion, a PE ratio of 4,080.00 and a beta of 0.24.

Greencoat UK Wind Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 14th were given a dividend of GBX 2.50 ($0.03) per share. This represents a yield of 1.86%. The ex-dividend date was Thursday, November 14th. Greencoat UK Wind’s dividend payout ratio (DPR) is 36,666.67%.

About Greencoat UK Wind

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.