Greencoat UK Wind (LON:UKW) Earns Buy Rating from Jefferies Financial Group

Greencoat UK Wind (LON:UKW)‘s stock had its “buy” rating restated by research analysts at Jefferies Financial Group in a report issued on Thursday,Digital Look reports.

Greencoat UK Wind Price Performance

Shares of LON:UKW opened at GBX 109.35 on Thursday. The company has a quick ratio of 14.31, a current ratio of 0.18 and a debt-to-equity ratio of 59.67. The stock has a market capitalization of £2.36 billion, a PE ratio of -12.55 and a beta of 0.30. The firm’s 50 day moving average price is GBX 103.41 and its 200-day moving average price is GBX 99.87. Greencoat UK Wind has a twelve month low of GBX 92.20 and a twelve month high of GBX 122.25.

Greencoat UK Wind (LON:UKW) last announced its earnings results on Thursday, July 30th. The company reported GBX 5.89 earnings per share (EPS) for the quarter. Greencoat UK Wind had a negative net margin of 99.49% and a negative return on equity of 6.35%. Equities research analysts expect that Greencoat UK Wind will post 14.4164038 EPS for the current year.

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. 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.