Greencoat UK Wind PLC (LON:UKW – Get Free Report) shares reached a new 52-week high on Tuesday following insider buying activity. The stock traded as high as GBX 123.50 and last traded at GBX 123.36, with a volume of 1,059,792 shares traded. The stock had previously closed at GBX 122.40.
Specifically, insider Jim Smith acquired 16,474 shares of the business’s stock in a transaction that occurred on Monday, November 9th. The stock was bought at an average cost of GBX 121 per share, with a total value of £19,933.54.
Analyst Ratings Changes
Several equities research analysts have issued reports on the company. Jefferies Financial Group restated a “buy” rating on shares of Greencoat UK Wind in a research report on Thursday, October 29th. Berenberg Bank restated a “buy” rating on shares of Greencoat UK Wind in a research report on Thursday, October 29th. Two equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.
Get Our Latest Stock Report on Greencoat UK Wind
Greencoat UK Wind Stock Performance
The company has a 50-day simple moving average of GBX 114.73 and a two-hundred day simple moving average of GBX 105.11. The company has a debt-to-equity ratio of 58.38, a quick ratio of 14.31 and a current ratio of 0.59. The firm has a market capitalization of £2.61 billion, a P/E ratio of 294.76 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.
Featured Articles
- Five stocks we like better than Greencoat UK Wind
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Receive News & Ratings for Greencoat UK Wind Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greencoat UK Wind and related companies with MarketBeat.com's FREE daily email newsletter.
