Greencoat UK Wind (LON:UKW) Stock Passes Below 200 Day Moving Average - Here's Why

Greencoat UK Wind PLC (LON:UKW - Get Free Report)'s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 135.21 ($1.66) and traded as low as GBX 124.40 ($1.53). Greencoat UK Wind shares last traded at GBX 125 ($1.54), with a volume of 3,694,620 shares trading hands.

Greencoat UK Wind Stock Up 0.2 %

The firm has a market cap of £2.84 billion, a P/E ratio of 4,176.67 and a beta of 0.24. The company's 50-day simple moving average is GBX 127.82 and its 200 day simple moving average is GBX 135.16. 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 Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 14th were issued a GBX 2.50 ($0.03) dividend. This represents a dividend yield of 1.86%. The ex-dividend date of this dividend was Thursday, November 14th. Greencoat UK Wind's payout ratio is 36,666.67%.

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.