BBGI Global Infrastructure (LON:BBGI) Shares Cross Above 50-Day Moving Average of $127.68

BBGI Global Infrastructure (LON:BBGI) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 127.68 ($1.60) and traded as high as GBX 135.80 ($1.71). BBGI Global Infrastructure shares last traded at GBX 133.40 ($1.68), with a volume of 1,720,910 shares traded.

BBGI Global Infrastructure Trading Down 0.1 %

The company has a debt-to-equity ratio of 2.37, a current ratio of 6.48 and a quick ratio of 2.02. The business’s fifty day simple moving average is GBX 127.68 and its 200 day simple moving average is GBX 130.56. The stock has a market cap of £952.22 million, a price-to-earnings ratio of 2,223.33 and a beta of 0.23.

BBGI Global Infrastructure Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Thursday, February 22nd were given a dividend of GBX 3.97 ($0.05) per share. This represents a dividend yield of 3.22%. The ex-dividend date was Thursday, February 22nd. BBGI Global Infrastructure’s dividend payout ratio is presently 13,333.33%.

Insiders Place Their Bets

In related news, insider Andrew Sykes bought 20,000 shares of the stock in a transaction dated Tuesday, April 2nd. The stock was bought at an average cost of GBX 130 ($1.63) per share, with a total value of £26,000 ($32,659.21). In other news, insider Andrew Sykes purchased 20,000 shares of BBGI Global Infrastructure stock in a transaction dated Tuesday, April 2nd. The stock was bought at an average price of GBX 130 ($1.63) per share, with a total value of £26,000 ($32,659.21). Also, insider June Aitken purchased 11,500 shares of the stock in a transaction dated Thursday, April 4th. The shares were purchased at an average price of GBX 131 ($1.65) per share, with a total value of £15,065 ($18,923.50). 0.41% of the stock is currently owned by corporate insiders.

About BBGI Global Infrastructure

BBGI Global Infrastructure SA is an investment firm specializing in infrastructure investments in operational or near operational assets. It seeks to invest in Public Private Partnerships (PPP) and Private Finance Initiative (PFI) infrastructure assets. The firm typically invests in availability-based' projects including schools, hospitals, prisons, transportation, justice, education, healthcare , emergency services and certain roads infrastructures.