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

Key Points

• Technical breach: Shares fell below their 200-day moving average (GBX 100.67), trading as low as GBX 98.18 and last at GBX 98.41 on volume of 30,727,021 shares.
• Negative profitability: The company reported quarterly EPS of GBX (871) with a negative return on equity (6.35%) and a net margin of -99.49%, indicating ongoing losses despite its size.
• Balance-sheet and market metrics show a market cap of £2.12 billion, a debt-to-equity ratio of 59.67 and mixed liquidity figures (quick ratio 14.31, current ratio 0.20), while sell-side analysts project ~14.42 EPS for the year.

Greencoat UK Wind PLC (LON:UKW - Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 100.67 and traded as low as GBX 98.18. Greencoat UK Wind shares last traded at GBX 98.41, with a volume of 30,727,021 shares.

Greencoat UK Wind Stock Performance

The company has a market cap of £2.12 billion, a P/E ratio of -15.16 and a beta of 0.40. The business has a 50 day moving average price of GBX 96.43 and a two-hundred day moving average price of GBX 100.67. The company has a debt-to-equity ratio of 59.67, a quick ratio of 14.31 and a current ratio of 0.20.

Greencoat UK Wind (LON:UKW - Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The company reported GBX (871) earnings per share (EPS) for the quarter. Greencoat UK Wind had a negative return on equity of 6.35% and a negative net margin of 99.49%. On average, sell-side analysts anticipate that Greencoat UK Wind PLC will post 14.4164038 earnings per share for the current 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. The fund ensures that the total of short-term acquisition financing and long-term debt is between zero and 40% of Gross Asset Value at any time, with average total debt being between 20% and 30% in the longer term.

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