Greencoat UK Wind (LON:UKW) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Greencoat UK Wind PLC (LON:UKW) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 136.11 ($1.71) and traded as low as GBX 124.50 ($1.56). Greencoat UK Wind shares last traded at GBX 124.70 ($1.56), with a volume of 2,413,604 shares traded.

Greencoat UK Wind Price Performance

The company has a current ratio of 0.09, a quick ratio of 14.31 and a debt-to-equity ratio of 49.27. The stock has a market capitalization of £2.86 billion, a price-to-earnings ratio of 4,203.33 and a beta of 0.24. The stock has a 50-day moving average price of GBX 129.57 and a 200 day moving average price of GBX 135.93.

Greencoat UK Wind Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 14th were given a GBX 2.50 ($0.03) dividend. This represents a yield of 1.86%. The ex-dividend date 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.