GCP Infrastructure Investments (LON:GCP) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

GCP Infrastructure Investments Limited (LON:GCP) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 73.77 ($0.96) and traded as low as GBX 73.25 ($0.95). GCP Infrastructure Investments shares last traded at GBX 73.80 ($0.96), with a volume of 2,202,410 shares traded.

GCP Infrastructure Investments Price Performance

The firm has a market capitalization of £662.37 million, a PE ratio of 42.47 and a beta of 0.34. The company has a fifty day moving average of GBX 74 and a 200-day moving average of GBX 73.77.

GCP Infrastructure Investments Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 11th. Investors of record on Thursday, February 6th were given a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date of this dividend was Thursday, February 6th. This represents a yield of 2.46%. GCP Infrastructure Investments’s dividend payout ratio (DPR) is 402.87%.

Insiders Place Their Bets

In related news, insider Ian Brown acquired 46,116 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The stock was purchased at an average price of GBX 76 ($0.98) per share, for a total transaction of £35,048.16 ($45,375.66). Insiders own 0.33% of the company’s stock.

GCP Infrastructure Investments Company Profile

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.