Greencoat UK Wind (LON:UKW) Share Price Crosses Below 200 Day Moving Average of $140.69

Greencoat UK Wind (LON:UKW)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 140.69 ($1.77) and traded as low as GBX 139.50 ($1.75). Greencoat UK Wind shares last traded at GBX 140 ($1.76), with a volume of 2,599,620 shares changing hands.

Greencoat UK Wind Trading Up 0.4 %

The company has a market capitalization of £3.25 billion, a P/E ratio of 333.33 and a beta of 0.25. The business has a fifty day moving average price of GBX 137.66 and a 200 day moving average price of GBX 140.69. The company has a quick ratio of 14.31, a current ratio of 54.81 and a debt-to-equity ratio of 36.16.

Greencoat UK Wind Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 16th will be issued a GBX 2.50 ($0.03) dividend. The ex-dividend date is Thursday, May 16th. This represents a dividend yield of 1.77%. Greencoat UK Wind’s dividend payout ratio (DPR) is 2,380.95%.

Insider Activity

In other news, insider Abigail Rotheroe purchased 14,410 shares of the business’s stock in a transaction dated Monday, March 11th. The shares were bought at an average cost of GBX 138 ($1.73) per share, for a total transaction of £19,885.80 ($24,979.02). Corporate insiders own 0.45% of the company’s stock.

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.