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

Shares of Greencoat UK Wind PLC (LON:UKW) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 126.45 ($1.63) and traded as low as GBX 110.80 ($1.43). Greencoat UK Wind shares last traded at GBX 111.20 ($1.44), with a volume of 3,964,939 shares trading hands.

Greencoat UK Wind Stock Down 0.5 %

The stock has a market cap of £2.51 billion, a price-to-earnings ratio of 32.25 and a beta of 0.24. The company has a quick ratio of 14.31, a current ratio of 0.09 and a debt-to-equity ratio of 49.27. The business’s fifty day moving average is GBX 115.64 and its two-hundred day moving average is GBX 126.45.

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