Greencoat UK Wind (LON:UKW) Hits New 1-Year Low – What’s Next?

Greencoat UK Wind PLC (LON:UKW)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 106 ($1.38) and last traded at GBX 106.30 ($1.38), with a volume of 4959885 shares traded. The stock had previously closed at GBX 109.60 ($1.42).

Greencoat UK Wind Price Performance

The company has a market capitalization of £2.40 billion, a PE ratio of 30.83 and a beta of 0.24. The company has a debt-to-equity ratio of 49.27, a current ratio of 0.09 and a quick ratio of 14.31. The stock’s 50 day simple moving average is GBX 113.89 and its 200-day simple moving average is GBX 125.10.

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