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

Greencoat UK Wind PLC (LON:UKW) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 129.44 ($1.67) and traded as low as GBX 111.49 ($1.44). Greencoat UK Wind shares last traded at GBX 111.80 ($1.44), with a volume of 3,316,719 shares changing hands.

Greencoat UK Wind Stock Up 0.2 %

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 firm has a market cap of £2.52 billion, a PE ratio of 32.48 and a beta of 0.24. The business’s 50-day simple moving average is GBX 119.54 and its 200 day simple moving average is GBX 129.44.

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