Greencoat UK Wind (LON:UKW) Announces Earnings Results

Greencoat UK Wind (LON:UKW) issued its earnings results on Thursday. The company reported GBX (871) EPS for the quarter, Digital Look Earnings reports. Greencoat UK Wind had a return on equity of 2.15% and a net margin of 29.24%.

Greencoat UK Wind Price Performance

Shares of LON UKW traded up GBX 1.05 during mid-day trading on Thursday, hitting GBX 94.50. 5,761,530 shares of the stock were exchanged, compared to its average volume of 6,324,503. The company has a market cap of £2.04 billion, a P/E ratio of -14.56 and a beta of 0.24. Greencoat UK Wind has a twelve month low of GBX 92.20 and a twelve month high of GBX 128.20. The stock’s fifty day simple moving average is GBX 97.04 and its two-hundred day simple moving average is GBX 102.72. The company has a debt-to-equity ratio of 49.27, a quick ratio of 14.31 and a current ratio of 0.09.

About Greencoat UK Wind

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. The fund ensures that the total of short-term acquisition financing and long-term debt is between zero and 40% of Gross Asset Value at any time, with average total debt being between 20% and 30% in the longer term.