Greencoat UK Wind (LON:UKW) Stock Crosses Below 200 Day Moving Average of $140.51

Greencoat UK Wind (LON:UKW) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 140.51 ($1.78) and traded as low as GBX 136.30 ($1.72). Greencoat UK Wind shares last traded at GBX 138.60 ($1.75), with a volume of 4,179,753 shares changing hands.

Greencoat UK Wind Price Performance

The company has a 50 day moving average of GBX 137.48 and a 200-day moving average of GBX 140.51. The firm has a market capitalization of £3.20 billion, a P/E ratio of 330.00 and a beta of 0.25. The company has a current ratio of 54.81, a quick ratio of 14.31 and a debt-to-equity ratio of 36.16.

Greencoat UK Wind Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 29th. Shareholders of record on Thursday, February 15th were issued a GBX 3.43 ($0.04) dividend. The ex-dividend date was Thursday, February 15th. This is a boost from Greencoat UK Wind’s previous dividend of $2.19. This represents a yield of 2.36%. Greencoat UK Wind’s payout ratio is currently 2,380.95%.

Insider Buying and Selling at Greencoat UK Wind

In related news, insider Abigail Rotheroe acquired 14,410 shares of the company’s stock in a transaction on Monday, March 11th. The stock was purchased at an average cost of GBX 138 ($1.74) per share, with a total value of £19,885.80 ($25,130.54). Insiders own 0.45% of the company’s stock.

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.