Greencoat UK Wind (LON:UKW) Stock Crosses Below 200 Day Moving Average – What’s Next?

Shares of Greencoat UK Wind PLC (LON:UKW) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 127.92 ($1.65) and traded as low as GBX 109.70 ($1.42). Greencoat UK Wind shares last traded at GBX 112 ($1.45), with a volume of 3,941,663 shares trading hands.

Greencoat UK Wind Trading Up 2.5 %

The company has a market capitalization of £2.52 billion, a P/E ratio of 32.48 and a beta of 0.24. The stock has a 50 day moving average of GBX 117.25 and a 200-day moving average of GBX 127.81. The company has a current ratio of 0.09, a quick ratio of 14.31 and a debt-to-equity ratio of 49.27.

Greencoat UK Wind (LON:UKW) last announced its quarterly earnings data 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%. On average, research analysts predict that Greencoat UK Wind PLC will post 14.4164038 EPS 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.