Greencoat UK Wind (LON:UKW) Shares Cross Below 200 Day Moving Average – Time to Sell?
by Teresa Graham · The Cerbat GemGreencoat UK Wind PLC (LON:UKW – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 98.25 and traded as low as GBX 97.90. Greencoat UK Wind shares last traded at GBX 98.70, with a volume of 27,172,510 shares traded.
Greencoat UK Wind Stock Up 1.8%
The stock has a market cap of £2.17 billion, a price-to-earnings ratio of -11.54 and a beta of 0.22. The company has a current ratio of 0.20, a quick ratio of 14.31 and a debt-to-equity ratio of 59.67. The stock’s 50-day moving average price is GBX 99.51 and its 200-day moving average price is GBX 98.27.
Greencoat UK Wind (LON:UKW – Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported GBX (871) earnings per share (EPS) for the quarter. Greencoat UK Wind had a negative return on equity of 6.35% and a negative net margin of 99.49%. On average, sell-side analysts expect that Greencoat UK Wind PLC will post 14.4164038 earnings per share for the current year.
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. The fund ensures that the total of short-term acquisition financing and long-term debt is between zero and 40% of Gross Asset Value at any time, with average total debt being between 20% and 30% in the longer term.