Greencoat UK Wind (LON:UKW) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Greencoat UK Wind PLC (LON:UKWGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 112.94 and traded as low as GBX 98.55. Greencoat UK Wind shares last traded at GBX 101, with a volume of 3,141,236 shares changing hands.

Greencoat UK Wind Trading Up 0.5%

The company has a debt-to-equity ratio of 49.27, a quick ratio of 14.31 and a current ratio of 0.09. The company has a 50 day simple moving average of GBX 106.05 and a two-hundred day simple moving average of GBX 112.94. The company has a market cap of £2.18 billion, a PE ratio of -15.56 and a beta of 0.24.

About Greencoat UK Wind

(Get Free Report)

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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