Greencoat UK Wind (LON:UKW) Insider Jim Smith Sells 16,571 Shares of Stock

Greencoat UK Wind PLC (LON:UKW) insider Jim Smith sold 16,571 shares of the business’s stock in a transaction on Monday, November 9th. The shares were sold at an average price of GBX 121, for a total transaction of £20,050.91.

Jim Smith also recently made the following trade(s):

• On Monday, November 9th, Jim Smith acquired 16,474 shares of Greencoat UK Wind stock. The shares were purchased at an average cost of GBX 121 per share, for a total transaction of £19,933.54.

Greencoat UK Wind Trading Up 0.3%

Greencoat UK Wind stock traded up GBX 0.40 during trading hours on Tuesday, reaching GBX 122.80. The stock had a trading volume of 4,013,143 shares, compared to its average volume of 7,306,804. Greencoat UK Wind PLC has a 52 week low of GBX 92.20 and a 52 week high of GBX 123.50. The company has a debt-to-equity ratio of 58.38, a current ratio of 0.59 and a quick ratio of 14.31. The company has a fifty day simple moving average of GBX 114.18 and a 200-day simple moving average of GBX 104.83. The stock has a market cap of £2.65 billion, a PE ratio of 299.51 and a beta of 0.35.

Analysts Set New Price Targets

UKW has been the topic of a number of analyst reports. Jefferies Financial Group restated a “buy” rating on shares of Greencoat UK Wind in a research note on Thursday, October 29th. Berenberg Bank reissued a “buy” rating on shares of Greencoat UK Wind in a research note on Thursday, October 29th. Two equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat, Greencoat UK Wind has a consensus rating of “Buy”.

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.