Greencoat UK Wind (LON:UKW) Sets New 1-Year Low – Time to Sell?

Greencoat UK Wind PLC (LON:UKW) shares hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 127.30 ($1.60) and last traded at GBX 127.34 ($1.60), with a volume of 16164866 shares traded. The stock had previously closed at GBX 129.70 ($1.63).

Greencoat UK Wind Stock Performance

The stock has a 50 day moving average price of GBX 136.37 and a two-hundred day moving average price of GBX 138.58. 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 company has a market capitalization of £2.84 billion, a price-to-earnings ratio of 4,176.67 and a beta of 0.24.

Greencoat UK Wind Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 14th will be paid a GBX 2.50 ($0.03) dividend. This represents a yield of 1.86%. The ex-dividend date of this dividend is Thursday, November 14th. Greencoat UK Wind’s payout ratio is presently 36,666.67%.

Insider Buying and Selling at Greencoat UK Wind

In other news, insider Lucinda Riches sold 110,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of GBX 143 ($1.80), for a total transaction of £157,300 ($198,235.66). Company insiders own 0.59% of the company’s stock.

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.