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

Key Points

• Greencoat UK Wind PLC stock price has fallen below its 200-day moving average, trading at GBX 110.21 ($1.49) as of Monday, which is below the average of GBX 114.01 ($1.54).
• The company reported a PE ratio of -1,690.29 and a market cap of £2.39 billion, indicating significant challenges in profitability.
• Greencoat UK Wind specializes in renewable infrastructure investments, with a focus on wind generation assets, both onshore and offshore.

Greencoat UK Wind PLC (LON:UKW - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 114.01 ($1.54) and traded as low as GBX 109.90 ($1.48). Greencoat UK Wind shares last traded at GBX 110.21 ($1.49), with a volume of 2,788,928 shares.

Greencoat UK Wind Stock Performance

The business has a fifty day moving average of GBX 111.25 and a 200-day moving average of GBX 114.01. The company has a market cap of £2.39 billion, a PE ratio of -1,690.29 and a beta of 0.24. 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 released its quarterly earnings data on Wednesday, July 30th. The company reported GBX (3.23) earnings per share for the quarter. Greencoat UK Wind had a return on equity of 2.15% and a net margin of 29.24%. Equities research 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.

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