Greencoat UK Wind (LON:UKW) Share Price Crosses Below 200 Day Moving Average - What's Next?

Shares of Greencoat UK Wind PLC (LON:UKW - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 120.75 ($1.61) and traded as low as GBX 113 ($1.51). Greencoat UK Wind shares last traded at GBX 113.50 ($1.51), with a volume of 2,927,664 shares trading hands.

Greencoat UK Wind Trading Down 0.6 %

The firm has a market capitalization of £2.60 billion, a P/E ratio of 33.47 and a beta of 0.24. The company's fifty day moving average is GBX 109.99 and its 200-day moving average is GBX 120.60. The company has a current ratio of 0.09, a quick ratio of 14.31 and a debt-to-equity ratio of 49.27.

Greencoat UK Wind (LON:UKW - Get Free Report) last announced its 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%. As a group, sell-side 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.