Greencoat UK Wind (LON:UKW) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Greencoat UK Wind PLC (LON:UKW)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 135.21 ($1.67) and traded as low as GBX 124.40 ($1.54). Greencoat UK Wind shares last traded at GBX 125 ($1.55), with a volume of 3,694,620 shares changing hands.

Greencoat UK Wind Stock Performance

The stock has a market cap of £2.82 billion, a PE ratio of 4,134.00 and a beta of 0.24. The firm’s 50-day moving average is GBX 127.97 and its 200 day moving average is GBX 135.21. 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 Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 14th were issued a GBX 2.50 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a dividend yield of 1.86%. Greencoat UK Wind’s payout ratio 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.