Greencoat UK Wind (LON:UKW) Sets New 52-Week Low – Here’s What Happened

Greencoat UK Wind PLC (LON:UKW) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 105.91 ($1.34) and last traded at GBX 108.50 ($1.37), with a volume of 6947823 shares changing hands. The stock had previously closed at GBX 107.19 ($1.35).

Greencoat UK Wind Price Performance

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 company has a market cap of £2.51 billion, a price-to-earnings ratio of 32.37 and a beta of 0.24. The stock’s 50-day simple moving average is GBX 121.43 and its 200 day simple moving average is GBX 130.72.

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.