Greencoat UK Wind (LON:UKW) Hits New 12-Month Low – Should You Sell?

Greencoat UK Wind PLC (LON:UKW)’s share price hit a new 52-week low on Friday . The company traded as low as GBX 78.90 and last traded at GBX 114.60, with a volume of 20747367 shares. The stock had previously closed at GBX 113.60.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a “buy” rating on shares of Greencoat UK Wind in a report on Thursday, July 30th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Greencoat UK Wind has a consensus rating of “Buy”.

Greencoat UK Wind Stock Up 0.8%

The firm’s 50 day simple moving average is GBX 109.54 and its 200 day simple moving average is GBX 103.64. The company has a market cap of £2.47 billion, a price-to-earnings ratio of 279.27 and a beta of 0.37. The company has a quick ratio of 14.31, a current ratio of 0.59 and a debt-to-equity ratio of 58.38.

Greencoat UK Wind (LON:UKW) last issued its quarterly earnings data on Thursday, July 30th. The company reported GBX 5.89 earnings per share (EPS) for the quarter. Greencoat UK Wind had a return on equity of 0.24% and a net margin of 1.60%. Sell-side analysts anticipate that Greencoat UK Wind PLC will post 14.4164038 EPS for the current fiscal year.

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. 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.