Greencoat UK Wind (LON:UKW) Sets New 1-Year Low – Time to Sell?

Greencoat UK Wind PLC (LON:UKW) shares hit a new 52-week low during trading on Thursday . The company traded as low as GBX 127.30 ($1.60) and last traded at GBX 127.34 ($1.60), with a volume of 16164866 shares trading hands. The stock had previously closed at GBX 129.70 ($1.63).

Greencoat UK Wind Stock Down 0.9 %

The company has a market capitalization of £2.84 billion, a price-to-earnings ratio of 4,176.67 and a beta of 0.24. The firm’s 50 day moving average price is GBX 136.37 and its two-hundred day moving average price is GBX 138.58. The company has a current ratio of 0.09, a quick ratio of 14.31 and a debt-to-equity ratio of 49.27.

Greencoat UK Wind Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 14th will be given a GBX 2.50 ($0.03) dividend. The ex-dividend date is Thursday, November 14th. This represents a dividend yield of 1.86%. Greencoat UK Wind’s payout ratio is 36,666.67%.

Insider Transactions at Greencoat UK Wind

In related news, insider Lucinda Riches sold 110,000 shares of the company’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of GBX 143 ($1.80), for a total value of £157,300 ($198,235.66). 0.59% of the stock is currently owned by corporate insiders.

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.