Greencoat UK Wind PLC (LON:UKW – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as GBX 123.50 and last traded at GBX 123.36, with a volume of 1,059,792 shares changing hands. The stock had previously closed at GBX 122.40.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on UKW shares. Jefferies Financial Group reiterated a “buy” rating on shares of Greencoat UK Wind in a research note on Thursday, October 29th. Berenberg Bank reaffirmed a “buy” rating on shares of Greencoat UK Wind in a report on Thursday, October 29th. Two research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.
View Our Latest Stock Analysis on UKW
Greencoat UK Wind Price Performance
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 firm’s 50 day moving average price is GBX 114.18 and its two-hundred day moving average price is GBX 104.83. The firm has a market cap of £2.64 billion, a price-to-earnings ratio of 298.54 and a beta of 0.35.
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.
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