Greencoat UK Wind (LON:UKW) Stock Passes Below Two Hundred Day Moving Average of $140.32

Greencoat UK Wind (LON:UKW) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 140.32 ($1.73) and traded as low as GBX 138.80 ($1.71). Greencoat UK Wind shares last traded at GBX 139.20 ($1.72), with a volume of 3,806,257 shares traded.

Greencoat UK Wind Stock Performance

The company has a market capitalization of £3.26 billion, a P/E ratio of 335.76 and a beta of 0.25. The business has a 50-day moving average of GBX 136.67 and a 200-day moving average of GBX 140.40. The company has a debt-to-equity ratio of 36.16, a current ratio of 54.81 and a quick ratio of 14.31.

Greencoat UK Wind Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, May 16th will be given a GBX 2.50 ($0.03) dividend. The ex-dividend date is Thursday, May 16th. This represents a yield of 1.77%. Greencoat UK Wind’s dividend payout ratio is presently 2,380.95%.

Insider Buying and Selling

In other Greencoat UK Wind news, insider Abigail Rotheroe bought 14,410 shares of the firm’s stock in a transaction dated Monday, March 11th. The stock was acquired at an average cost of GBX 138 ($1.70) per share, for a total transaction of £19,885.80 ($24,562.50). 0.45% of the stock is owned by corporate 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.