GCP Infrastructure Investments (LON:GCP) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

GCP Infrastructure Investments Limited (LON:GCP)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 76.50 ($0.95) and traded as low as GBX 70.02 ($0.87). GCP Infrastructure Investments shares last traded at GBX 70.30 ($0.87), with a volume of 726,119 shares.

GCP Infrastructure Investments Stock Up 0.1 %

The company has a debt-to-equity ratio of 10.13, a quick ratio of 131.52 and a current ratio of 341.55. The company has a fifty day simple moving average of GBX 71.51 and a two-hundred day simple moving average of GBX 76.50. The firm has a market capitalization of £610.07 million, a PE ratio of -40.40 and a beta of 0.34.

GCP Infrastructure Investments Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, October 31st were issued a dividend of GBX 1.75 ($0.02) per share. This represents a yield of 2.3%. The ex-dividend date was Thursday, October 31st. GCP Infrastructure Investments’s payout ratio is -402.30%.

Insider Buying and Selling at GCP Infrastructure Investments

In related news, insider Andrew Didham bought 5,727 shares of the company’s stock in a transaction on Friday, December 13th. The shares were acquired at an average price of GBX 70 ($0.87) per share, with a total value of £4,008.90 ($4,980.00). Insiders own 0.33% 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.