Greencoat UK Wind (LON:UKW) Sets New 12-Month Low – Here’s What Happened

Greencoat UK Wind PLC (LON:UKW) hit a new 52-week low on Thursday . The stock traded as low as GBX 115.75 ($1.44) and last traded at GBX 116.80 ($1.45), with a volume of 1075272 shares traded. The stock had previously closed at GBX 118.50 ($1.47).

Greencoat UK Wind Price Performance

The company has a market capitalization of £2.62 billion, a P/E ratio of 3,846.57 and a beta of 0.24. The company has a quick ratio of 14.31, a current ratio of 0.09 and a debt-to-equity ratio of 49.27. The business has a 50 day simple moving average of GBX 123.97 and a 200-day simple moving average of GBX 132.66.

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.