Greencoat UK Wind (LON:UKW) Hits New 52-Week Low – Time to Sell?

Greencoat UK Wind PLC (LON:UKWGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 110.09 ($1.39) and last traded at GBX 110.30 ($1.39), with a volume of 5064065 shares. The stock had previously closed at GBX 112 ($1.41).

Greencoat UK Wind Price Performance

The firm has a market cap of £2.49 billion, a PE ratio of 32.10 and a beta of 0.24. The stock’s fifty day moving average price is GBX 122.92 and its 200-day moving average price is GBX 131.82. The company has a debt-to-equity ratio of 49.27, a current ratio of 0.09 and a quick ratio of 14.31.

Greencoat UK Wind Company Profile

(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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