GCP Infrastructure Investments (LON:GCP) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

GCP Infrastructure Investments Limited (LON:GCPGet Free Report)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 76.21 ($0.93) and traded as low as GBX 68.30 ($0.84). GCP Infrastructure Investments shares last traded at GBX 69.70 ($0.85), with a volume of 1,486,552 shares.

GCP Infrastructure Investments Trading Up 1.3 %

The company has a market cap of £604.86 million, a P/E ratio of -40.06 and a beta of 0.34. The company has a quick ratio of 131.52, a current ratio of 341.55 and a debt-to-equity ratio of 10.13. The firm’s 50 day moving average is GBX 70.87 and its two-hundred day moving average is GBX 76.21.

GCP Infrastructure Investments Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, October 31st were paid a GBX 1.75 ($0.02) dividend. This represents a dividend yield of 2.3%. The ex-dividend date was Thursday, October 31st. GCP Infrastructure Investments’s dividend payout ratio is currently -402.30%.

Insider Transactions at GCP Infrastructure Investments

In other GCP Infrastructure Investments news, insider Andrew Didham bought 5,727 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was acquired at an average price of GBX 70 ($0.86) per share, with a total value of £4,008.90 ($4,905.65). Corporate insiders own 0.33% of the company’s stock.

About GCP Infrastructure Investments

(Get Free Report)

GCP Infrastructure Investment Limited (GCP Infra) is a Jersey-incorporated, closed ended investment company whose shares are traded on the main market of the London Stock Exchange. Its objective is to provide shareholders with regular, sustained distributions and to preserve capital over the long term by generating exposure primarily to UK infrastructure debt and related and/or similar assets which provide regular and predictable long term cashflows.

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