Sequoia Economic Infrastructure Income Fund (LON:SEQI) Shares Pass Above 50-Day Moving Average of $79.88

Sequoia Economic Infrastructure Income Fund Limited (LON:SEQI) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 79.88 ($0.98) and traded as high as GBX 88.30 ($1.08). Sequoia Economic Infrastructure Income Fund shares last traded at GBX 84 ($1.03), with a volume of 3,511,346 shares.

Sequoia Economic Infrastructure Income Fund Stock Down 0.7 %

The company has a market capitalization of £1.38 billion and a P/E ratio of -8,277.10. The business’s 50-day moving average is GBX 79.88 and its two-hundred day moving average is GBX 79.91.

Sequoia Economic Infrastructure Income Fund Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, November 24th. Stockholders of record on Thursday, October 26th will be paid a GBX 1.72 ($0.02) dividend. The ex-dividend date is Thursday, October 26th. This represents a dividend yield of 2.21%. Sequoia Economic Infrastructure Income Fund’s payout ratio is presently -70,000.00%.

Insider Activity

In other Sequoia Economic Infrastructure Income Fund news, insider Robert Jennings bought 45,000 shares of the firm’s stock in a transaction dated Friday, October 20th. The stock was purchased at an average cost of GBX 77 ($0.95) per share, with a total value of £34,650 ($42,551.89). 0.08% of the stock is currently owned by corporate insiders.

About Sequoia Economic Infrastructure Income Fund

Sequoia Economic Infrastructure Income Fund Limited invests in a diversified portfolio of senior and subordinated economic infrastructure debt investments through its subsidiary Sequoia IDF Asset Holdings SA The Company operates through investment in senior and subordinated infrastructure debt instruments and related and/or similar assets segment.