Greencoat UK Wind (LON:UKW) Stock Crosses Below 200-Day Moving Average of $140.32

Greencoat UK Wind (LON:UKW) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 140.32 ($1.73) and traded as low as GBX 138.80 ($1.71). Greencoat UK Wind shares last traded at GBX 139.20 ($1.72), with a volume of 3,806,257 shares changing hands.

Greencoat UK Wind Stock Up 0.7 %

The company has a market capitalization of £3.24 billion, a PE ratio of 332.14 and a beta of 0.25. The company has a debt-to-equity ratio of 36.16, a current ratio of 54.81 and a quick ratio of 14.31. The company has a 50-day moving average of GBX 136.30 and a two-hundred day moving average of GBX 140.32.

Greencoat UK Wind Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, February 15th were issued a GBX 3.43 ($0.04) dividend. This represents a dividend yield of 2.36%. This is a boost from Greencoat UK Wind’s previous dividend of $2.19. The ex-dividend date of this dividend was Thursday, February 15th. Greencoat UK Wind’s payout ratio is 2,380.95%.

Insider Transactions at Greencoat UK Wind

In other news, insider Abigail Rotheroe bought 14,410 shares of Greencoat UK Wind stock in a transaction dated Monday, March 11th. The shares were purchased at an average cost of GBX 138 ($1.70) per share, with a total value of £19,885.80 ($24,562.50). Insiders own 0.45% of the company’s stock.

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.