Greencoat UK Wind (LON:UKW) Shares Cross Below 200 Day Moving Average – Here’s Why

Shares of Greencoat UK Wind PLC (LON:UKW) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 135.52 ($1.70) and traded as low as GBX 125.30 ($1.57). Greencoat UK Wind shares last traded at GBX 127.70 ($1.60), with a volume of 1,243,534 shares changing hands.

Greencoat UK Wind Stock Performance

The company has a current ratio of 0.09, a quick ratio of 14.31 and a debt-to-equity ratio of 49.27. The stock has a market cap of £2.90 billion, a price-to-earnings ratio of 4,256.67 and a beta of 0.24. The stock’s 50 day moving average is GBX 128.90 and its two-hundred day moving average is GBX 135.52.

Greencoat UK Wind Announces Dividend

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

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.