Greencoat UK Wind (LON:UKW) Shares Pass Below 200 Day Moving Average – Should You Sell?

Greencoat UK Wind PLC (LON:UKW) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 121.95 ($1.62) and traded as low as GBX 109.10 ($1.45). Greencoat UK Wind shares last traded at GBX 109.20 ($1.45), with a volume of 3,940,966 shares trading hands.

Greencoat UK Wind Price Performance

The company has a fifty day moving average of GBX 110.03 and a 200-day moving average of GBX 121.95. 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 stock has a market cap of £2.46 billion, a PE ratio of 31.67 and a beta of 0.24.

Greencoat UK Wind (LON:UKW) last issued its quarterly earnings results on Thursday, February 27th. The company reported GBX (2.43) (($0.03)) earnings per share (EPS) for the quarter. Greencoat UK Wind had a return on equity of 2.15% and a net margin of 29.24%. Sell-side analysts expect that Greencoat UK Wind PLC will post 14.4164038 EPS for the current fiscal year.

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.