Greencoat UK Wind (LON:UKW) Sets New 1-Year Low – Time to Sell?

Greencoat UK Wind PLC (LON:UKW)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 93.10 and last traded at GBX 93.60, with a volume of 5502332 shares traded. The stock had previously closed at GBX 95.15.

Greencoat UK Wind Price Performance

The company has a market cap of £2.02 billion, a PE ratio of -14.40 and a beta of 0.24. The firm’s 50-day moving average is GBX 97.28 and its 200-day moving average is GBX 103.29. The company has a quick ratio of 14.31, a current ratio of 0.09 and a debt-to-equity ratio of 49.27.

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. The fund ensures that the total of short-term acquisition financing and long-term debt is between zero and 40% of Gross Asset Value at any time, with average total debt being between 20% and 30% in the longer term.