Greencoat UK Wind (LON:UKW) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Greencoat UK Wind PLC (LON:UKW) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 139.42 ($1.82) and traded as low as GBX 134.10 ($1.75). Greencoat UK Wind shares last traded at GBX 134.10 ($1.75), with a volume of 3,567,431 shares.

Greencoat UK Wind Stock Performance

The company has a debt-to-equity ratio of 49.27, a current ratio of 0.09 and a quick ratio of 14.31. The stock’s 50-day moving average is GBX 140.34 and its 200 day moving average is GBX 139.40. The stock has a market cap of £3.08 billion, a price-to-earnings ratio of 4,523.33 and a beta of 0.24.

Greencoat UK Wind Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were paid a GBX 2.50 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a dividend yield of 1.76%. Greencoat UK Wind’s dividend payout ratio (DPR) is presently 36,666.67%.

Insiders Place Their Bets

In other Greencoat UK Wind news, insider Lucinda Riches sold 110,000 shares of the business’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of GBX 143 ($1.87), for a total transaction of £157,300 ($205,406.11). 0.59% of the stock is currently owned by company insiders.

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.