Greencoat UK Wind (LON:UKW) Sets New 52-Week Low – Here’s Why

Shares of Greencoat UK Wind PLC (LON:UKW) hit a new 52-week low on Friday . The stock traded as low as GBX 78.90 and last traded at GBX 114.60, with a volume of 20747367 shares trading hands. The stock had previously closed at GBX 113.60.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group restated a “buy” rating on shares of Greencoat UK Wind in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy”.

Greencoat UK Wind Stock Up 0.8%

The company has a debt-to-equity ratio of 58.38, a quick ratio of 14.31 and a current ratio of 0.59. The firm has a market capitalization of £2.47 billion, a P/E ratio of 279.27 and a beta of 0.37. The stock has a fifty day moving average price of GBX 109.54 and a two-hundred day moving average price of GBX 103.64.

Greencoat UK Wind (LON:UKW) last announced its quarterly earnings data on Thursday, July 30th. The company reported GBX 5.89 earnings per share (EPS) for the quarter. Greencoat UK Wind had a return on equity of 0.24% and a net margin of 1.60%. Research analysts forecast that Greencoat UK Wind PLC will post 14.4164038 EPS for the current year.

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.