BBGI Global Infrastructure (LON:BBGI) Stock Crosses Below Fifty Day Moving Average of $134.87

BBGI Global Infrastructure (LON:BBGI) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 134.87 ($1.80) and traded as low as GBX 131 ($1.75). BBGI Global Infrastructure shares last traded at GBX 131 ($1.75), with a volume of 2,603,807 shares traded.

BBGI Global Infrastructure Stock Performance

The stock has a market capitalization of £935.58 million, a price-to-earnings ratio of 1,637.50 and a beta of 0.23. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.02 and a current ratio of 6.26. The firm’s 50 day moving average is GBX 134.87 and its 200-day moving average is GBX 132.94.

BBGI Global Infrastructure Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, October 17th. Stockholders of record on Thursday, September 5th will be given a dividend of GBX 4.20 ($0.06) per share. The ex-dividend date of this dividend is Thursday, September 5th. This is a boost from BBGI Global Infrastructure’s previous dividend of $3.97. This represents a dividend yield of 3.11%. BBGI Global Infrastructure’s dividend payout ratio (DPR) is 10,000.00%.

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.