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

Greencoat UK Wind PLC (LON:UKW) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 114.64 ($1.54) and traded as low as GBX 106.50 ($1.43). Greencoat UK Wind shares last traded at GBX 106.50 ($1.43), with a volume of 5,683,964 shares changing hands.

Greencoat UK Wind Stock Performance

The firm has a market capitalization of £2.35 billion, a PE ratio of -1,639.65 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 company’s fifty day simple moving average is GBX 118.98 and its 200 day simple moving average is GBX 114.64.

Greencoat UK Wind (LON:UKW) last released its quarterly earnings data on Wednesday, July 30th. The company reported GBX (3.23) EPS for the quarter. Greencoat UK Wind had a net margin of 29.24% and a return on equity of 2.15%. As a group, equities research 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.