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 company traded as low as GBX 105.91 ($1.34) and last traded at GBX 108.50 ($1.37), with a volume of 6947823 shares. The stock had previously closed at GBX 107.19 ($1.35).

Greencoat UK Wind Stock Performance

The firm has a fifty day moving average price of GBX 121.43 and a 200 day moving average price of GBX 130.72. 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 £2.51 billion, a PE ratio of 32.37 and a beta of 0.24.

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.