GCP Infrastructure Investments (LON:GCP) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of GCP Infrastructure Investments Limited (LON:GCP) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 75.82 ($0.93) and traded as low as GBX 71.20 ($0.88). GCP Infrastructure Investments shares last traded at GBX 71.50 ($0.88), with a volume of 616,805 shares.

GCP Infrastructure Investments Stock Up 0.4 %

The firm has a 50 day moving average price of GBX 70.83 and a 200-day moving average price of GBX 75.82. The firm has a market cap of £620.48 million, a price-to-earnings ratio of -41.09 and a beta of 0.34. The company has a current ratio of 341.55, a quick ratio of 131.52 and a debt-to-equity ratio of 10.13.

GCP Infrastructure Investments (LON:GCP) last issued its earnings results on Thursday, December 12th. The company reported GBX 7.09 ($0.09) EPS for the quarter. GCP Infrastructure Investments had a return on equity of 1.57% and a net margin of 55.86%. On average, equities analysts forecast that GCP Infrastructure Investments Limited will post 8.2955771 EPS for the current year.

GCP Infrastructure Investments Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, October 31st were paid 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 currently -402.30%.

Insider Activity at GCP Infrastructure Investments

In other GCP Infrastructure Investments news, insider Andrew Didham purchased 5,727 shares of the business’s stock in a transaction on Friday, December 13th. The stock was bought at an average cost of GBX 70 ($0.86) per share, with a total value of £4,008.90 ($4,942.55). 0.33% of the stock is currently owned by insiders.

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.