HICL Infrastructure (LON:HICL) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of HICL Infrastructure PLC (LON:HICL) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 121.06 ($1.54) and traded as low as GBX 111.20 ($1.41). HICL Infrastructure shares last traded at GBX 113.40 ($1.44), with a volume of 7,536,878 shares trading hands.

HICL Infrastructure Stock Up 2.5 %

The business’s 50-day moving average price is GBX 113.46 and its 200 day moving average price is GBX 121.06. The company has a market capitalization of £2.26 billion, a P/E ratio of 22.24 and a beta of 0.30.

Insider Activity

In other news, insider Rita Akushie acquired 10,018 shares of the business’s stock in a transaction dated Monday, December 23rd. The stock was bought at an average cost of GBX 115 ($1.46) per share, for a total transaction of £11,520.70 ($14,640.62). Also, insider Michael Bane acquired 45,000 shares of the business’s stock in a transaction dated Friday, December 20th. The stock was purchased at an average price of GBX 115 ($1.46) per share, with a total value of £51,750 ($65,764.39). 0.20% of the stock is owned by company insiders.

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.