GCP Infrastructure Investments (LON:GCP) Sets New 12-Month Low – Here’s What Happened

GCP Infrastructure Investments Limited (LON:GCP)’s stock price hit a new 52-week low on Monday . The company traded as low as GBX 67.18 ($0.87) and last traded at GBX 68.32 ($0.88), with a volume of 2720071 shares traded. The stock had previously closed at GBX 69.40 ($0.89).

GCP Infrastructure Investments Trading Down 1.5 %

The company’s 50 day simple moving average is GBX 74.03 and its 200-day simple moving average is GBX 73.39. The firm has a market cap of £613.77 million, a P/E ratio of 39.36 and a beta of 0.34.

GCP Infrastructure Investments Announces Dividend

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

Insider Buying and Selling at GCP Infrastructure Investments

In other GCP Infrastructure Investments news, insider Ian Brown purchased 46,116 shares of GCP Infrastructure Investments stock in a transaction dated Wednesday, February 19th. The stock was purchased at an average price of GBX 76 ($0.98) per share, with a total value of £35,048.16 ($45,176.80). Company 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.