BBGI Global Infrastructure (LON:BBGI) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

BBGI Global Infrastructure (LON:BBGI)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 131.12 ($1.65) and traded as low as GBX 122 ($1.53). BBGI Global Infrastructure shares last traded at GBX 124 ($1.56), with a volume of 856,236 shares changing hands.

BBGI Global Infrastructure Trading Down 0.7 %

The stock’s 50-day simple moving average is GBX 126.06 and its two-hundred day simple moving average is GBX 131.05. The company has a debt-to-equity ratio of 0.14, a current ratio of 6.26 and a quick ratio of 2.02. The firm has a market capitalization of £880.32 million, a P/E ratio of 1,539.60 and a beta of 0.23.

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.