GCP Infrastructure Investments (LON:GCP) Stock Crosses Above Two Hundred Day Moving Average of $70.07

GCP Infrastructure Investments Limited (LON:GCP)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 70.07 ($0.88) and traded as high as GBX 75.90 ($0.95). GCP Infrastructure Investments shares last traded at GBX 75.80 ($0.95), with a volume of 866,612 shares trading hands.

GCP Infrastructure Investments Price Performance

The company has a debt-to-equity ratio of 10.84, a quick ratio of 131.52 and a current ratio of 262.91. The firm has a market cap of £657.80 million, a price-to-earnings ratio of 2,526.67 and a beta of 0.34. The company’s fifty day moving average is GBX 72.62 and its two-hundred day moving average is GBX 70.07.

GCP Infrastructure Investments Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, June 4th. Investors of record on Thursday, May 2nd will be issued a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date is Thursday, May 2nd. This represents a dividend yield of 2.4%. GCP Infrastructure Investments’s payout ratio is 23,333.33%.

Insider Activity at GCP Infrastructure Investments

In other GCP Infrastructure Investments news, insider Andrew Didham bought 13,449 shares of GCP Infrastructure Investments stock in a transaction that occurred on Friday, April 26th. The shares were acquired at an average price of GBX 74 ($0.93) per share, for a total transaction of £9,952.26 ($12,501.27). Company insiders own 0.36% of the company’s stock.

GCP Infrastructure Investments Company Profile

GCP Infrastructure Investments Limited focuses on investing in the United Kingdom infrastructure debt. The company makes infrastructure investments through acquiring interests in debt instruments issued by infrastructure project companies. It primarily invests in senior and subordinated debt instruments.