Greencoat UK Wind (LON:UKW) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Greencoat UK Wind PLC (LON:UKW) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 139.18 ($1.80) and traded as low as GBX 131.80 ($1.71). Greencoat UK Wind shares last traded at GBX 132.50 ($1.72), with a volume of 4,194,832 shares trading hands.

Greencoat UK Wind Price Performance

The stock’s 50 day simple moving average is GBX 138.82 and its two-hundred day simple moving average is GBX 139.18. The stock has a market cap of £3.01 billion, a price-to-earnings ratio of 4,416.67 and a beta of 0.24. The company has a debt-to-equity ratio of 49.27, a current ratio of 0.09 and a quick ratio of 14.31.

Greencoat UK Wind Announces Dividend

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

Insider Activity at Greencoat UK Wind

In other Greencoat UK Wind news, insider Lucinda Riches sold 110,000 shares of the business’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of GBX 143 ($1.85), for a total value of £157,300 ($203,994.29). 0.59% of the stock is owned by insiders.

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.