Greencoat UK Wind (LON:UKW) Shares Up 0.2% – Still a Buy?

Greencoat UK Wind PLC (LON:UKW)’s share price shot up 0.2% during trading on Thursday . The company traded as high as GBX 126.70 ($1.62) and last traded at GBX 126.01 ($1.61). 3,337,481 shares traded hands during mid-day trading, a decline of 7% from the average session volume of 3,589,857 shares. The stock had previously closed at GBX 125.80 ($1.61).

Greencoat UK Wind Stock Up 0.5 %

The company has a debt-to-equity ratio of 49.27, a quick ratio of 14.31 and a current ratio of 0.09. The company has a market capitalization of £2.87 billion, a PE ratio of 4,200.33 and a beta of 0.24. The firm’s 50-day simple moving average is GBX 132.80 and its 200 day simple moving average is GBX 137.18.

Greencoat UK Wind Announces Dividend

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