HICL Infrastructure (LON:HICL) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Shares of HICL Infrastructure PLC (LON:HICL) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 122.12 ($1.53) and traded as low as GBX 115.80 ($1.46). HICL Infrastructure shares last traded at GBX 116.40 ($1.46), with a volume of 2,974,326 shares trading hands.

HICL Infrastructure Stock Up 0.3 %

The company has a 50 day moving average of GBX 114.37 and a two-hundred day moving average of GBX 122.12. The firm has a market cap of £2.32 billion, a P/E ratio of 22.83 and a beta of 0.30.

HICL Infrastructure (LON:HICL) last released its quarterly earnings data on Wednesday, November 20th. The company reported GBX 2.20 ($0.03) earnings per share (EPS) for the quarter. HICL Infrastructure had a return on equity of 3.24% and a net margin of 96.27%. Research analysts expect that HICL Infrastructure PLC will post 12.4000007 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Rita Akushie acquired 10,018 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was purchased at an average cost of GBX 115 ($1.45) per share, for a total transaction of £11,520.70 ($14,478.70). Also, insider Michael Bane bought 45,000 shares of the stock in a transaction dated Friday, December 20th. The stock was purchased at an average cost of GBX 115 ($1.45) per share, for a total transaction of £51,750 ($65,037.07). Company insiders own 0.20% of the company’s stock.

About HICL Infrastructure

HICL is a UK-listed infrastructure investment company. We invest in infrastructure for local communities and to support the delivery of essential services, working in partnership with the public and private sectors.