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

Shares of Greencoat UK Wind PLC (LON:UKW) reached a new 52-week low during mid-day 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 changing hands. The stock had previously closed at GBX 95.15.

Greencoat UK Wind Trading Down 0.4%

The company has a quick ratio of 14.31, a current ratio of 0.09 and a debt-to-equity ratio of 49.27. The firm has a 50 day moving average of GBX 97.39 and a 200 day moving average of GBX 103.53. The firm has a market cap of £2.01 billion, a PE ratio of -14.37 and a beta of 0.24.

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.