HICL Infrastructure (LON:HICL) Reaches New 52-Week Low – What’s Next?

Shares of HICL Infrastructure PLC (LON:HICL) hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 114.20 ($1.43) and last traded at GBX 114.20 ($1.43), with a volume of 4602672 shares changing hands. The stock had previously closed at GBX 117.60 ($1.47).

HICL Infrastructure Trading Up 0.1 %

The firm has a 50-day moving average of GBX 121.88 and a 200 day moving average of GBX 125.05. The company has a market cap of £2.30 billion, a P/E ratio of 5,686.50 and a beta of 0.30.

HICL Infrastructure Announces Dividend

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Investors of record on Thursday, November 21st will be given a dividend of GBX 2.06 ($0.03) per share. The ex-dividend date is Thursday, November 21st. This represents a dividend yield of 1.72%. HICL Infrastructure’s payout ratio is 40,000.00%.

HICL Infrastructure Company Profile

HICL Infrastructure PLC specializes in direct and fund of funds investments. For direct investments, it seeks to invest in infrastructure projects. It invests in project companies which have not yet completed the construction phases of their concessions including project companies which are in the process of bidding for project concessions.