Greencoat UK Wind (LON:UKW) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Greencoat UK Wind PLC (LON:UKW)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 121.95 ($1.62) and traded as low as GBX 109.10 ($1.45). Greencoat UK Wind shares last traded at GBX 109.20 ($1.45), with a volume of 3,940,966 shares.

Greencoat UK Wind Trading Down 1.2 %

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 firm has a fifty day moving average price of GBX 110.03 and a 200 day moving average price of GBX 121.83. The company has a market cap of £2.46 billion, a price-to-earnings ratio of 31.67 and a beta of 0.24.

Greencoat UK Wind (LON:UKW) last announced its quarterly earnings data on Thursday, February 27th. The company reported GBX (2.43) (($0.03)) 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 analysts predict 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.