3i Infrastructure (LON:3IN) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

3i Infrastructure plc (LON:3IN) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 332.10 ($4.18) and traded as low as GBX 317 ($3.99). 3i Infrastructure shares last traded at GBX 318.50 ($4.01), with a volume of 310,907 shares trading hands.

3i Infrastructure Stock Performance

The business has a 50 day moving average of GBX 324.02 and a 200-day moving average of GBX 332.10. The company has a market capitalization of £2.94 billion, a P/E ratio of 838.16 and a beta of 0.50. The company has a debt-to-equity ratio of 15.26, a quick ratio of 0.57 and a current ratio of 0.85.

3i Infrastructure Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, January 13th. Shareholders of record on Thursday, November 21st will be paid a dividend of GBX 6.33 ($0.08) per share. This is a boost from 3i Infrastructure’s previous dividend of $5.95. The ex-dividend date is Thursday, November 21st. This represents a yield of 1.88%. 3i Infrastructure’s payout ratio is presently 3,157.89%.

Insider Transactions at 3i Infrastructure

In other news, insider Martin Magee purchased 3,000 shares of 3i Infrastructure stock in a transaction that occurred on Tuesday, November 12th. The stock was bought at an average price of GBX 336 ($4.23) per share, with a total value of £10,080 ($12,684.03). Also, insider Douglas Bannister acquired 6,115 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was acquired at an average cost of GBX 327 ($4.11) per share, for a total transaction of £19,996.05 ($25,161.76). Insiders own 0.01% of the company’s stock.

3i Infrastructure Company Profile

3i Infrastructure plc is an investment firm specializing in infrastructure investments. The firm invests in early stage assets, mature assets, middle markets, mid venture, acquisitions, and projects and privatizations undergoing a period of operational ramp-up. It may invest in junior or mezzanine debt in infrastructure businesses or assets.