Greencoat UK Wind (LON:UKW) Reaches New 52-Week Low – Here’s What Happened

Greencoat UK Wind PLC (LON:UKW) shares hit a new 52-week low on Friday . The company traded as low as GBX 122.90 ($1.50) and last traded at GBX 123.20 ($1.50), with a volume of 3437628 shares. The stock had previously closed at GBX 125.30 ($1.53).

Greencoat UK Wind Stock Down 2.2 %

The stock’s 50 day simple moving average is GBX 127.60 and its two-hundred day simple moving average is GBX 135.09. The firm has a market cap of £2.78 billion, a P/E ratio of 4,086.67 and a beta of 0.24. The company has a debt-to-equity ratio of 49.27, a current ratio of 0.09 and a quick ratio of 14.31.

Greencoat UK Wind Dividend Announcement

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

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.