Greencoat UK Wind (LON:UKW) Stock: Insider Jim Smith Sells 16,571 Shares

Greencoat UK Wind PLC (LON:UKW) insider Jim Smith sold 16,571 shares of the firm’s stock in a transaction on Monday, November 9th. The shares were sold at an average price of GBX 121, for a total transaction of £20,050.91.

Jim Smith also recently made the following trade(s):

• On Monday, November 9th, Jim Smith purchased 16,474 shares of Greencoat UK Wind stock. The stock was bought at an average cost of GBX 121 per share, with a total value of £19,933.54.

Greencoat UK Wind Stock Performance

UKW stock traded up GBX 0.40 during trading on Tuesday, hitting GBX 122.80. The company had a trading volume of 4,013,143 shares, compared to its average volume of 7,306,804. Greencoat UK Wind PLC has a 1-year low of GBX 92.20 and a 1-year high of GBX 123.50. The firm has a 50-day moving average price of GBX 114.18 and a 200-day moving average price of GBX 104.83. The firm has a market cap of £2.65 billion, a PE ratio of 299.51 and a beta of 0.35. The company has a quick ratio of 14.31, a current ratio of 0.59 and a debt-to-equity ratio of 58.38.

Analysts Set New Price Targets

Several brokerages have recently weighed in on UKW. Berenberg Bank restated a “buy” rating on shares of Greencoat UK Wind in a research note on Thursday, October 29th. Jefferies Financial Group reissued a “buy” rating on shares of Greencoat UK Wind in a research note on Thursday, October 29th. Two investment analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock has an average rating of “Buy”.

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. 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.