Greencoat UK Wind (LON:UKW) Stock Passes Below 200 Day Moving Average - Time to Sell?

Key Points

• Greencoat UK Wind PLC shares fell below their 200-day moving average, trading at GBX 105 ($1.42), down from a moving average of GBX 114.26.
• The company reported a significant loss of GBX (3.23) earnings per share (EPS) for the last quarter, with a negative price-to-earnings ratio of -1,617.87.
• Greencoat UK Wind specializes in renewables infrastructure investments in energy and wind generation assets, targeting investments in offshore wind farms.

Greencoat UK Wind PLC (LON:UKW - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 114.26 ($1.54) and traded as low as GBX 104.30 ($1.41). Greencoat UK Wind shares last traded at GBX 105 ($1.42), with a volume of 5,741,913 shares traded.

Greencoat UK Wind Trading Up 2.2%

The company has a quick ratio of 14.31, a current ratio of 0.09 and a debt-to-equity ratio of 49.27. The stock has a market capitalization of £2.36 billion, a PE ratio of -1,657.94 and a beta of 0.24. The business's 50-day moving average is GBX 114.62 and its two-hundred day moving average is GBX 114.21.

Greencoat UK Wind (LON:UKW - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported GBX (3.23) EPS for the quarter. Greencoat UK Wind had a return on equity of 2.15% and a net margin of 29.24%. On average, analysts anticipate 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.