Greencoat UK Wind (LON:UKW) Stock Crosses Below Two Hundred Day Moving Average - Here's Why

Greencoat UK Wind PLC (LON:UKW - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 116.82 ($1.59) and traded as low as GBX 116.30 ($1.58). Greencoat UK Wind shares last traded at GBX 118.80 ($1.61), with a volume of 4,223,214 shares.

Greencoat UK Wind Stock Down 0.4%

The stock has a market capitalization of £2.66 billion, a price-to-earnings ratio of 34.28 and a beta of 0.24. The business has a 50-day moving average of GBX 112.89 and a 200-day moving average of GBX 116.66. The company has a debt-to-equity ratio of 49.27, a quick ratio of 14.31 and a current ratio of 0.09.

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.