GCP Infrastructure Investments (LON:GCP) Stock Passes Below 200 Day Moving Average – Time to Sell?

Shares of GCP Infrastructure Investments Limited (LON:GCP) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 76.50 ($0.95) and traded as low as GBX 70.02 ($0.87). GCP Infrastructure Investments shares last traded at GBX 70.30 ($0.87), with a volume of 726,119 shares.

GCP Infrastructure Investments Price Performance

The stock has a 50-day moving average price of GBX 71.51 and a two-hundred day moving average price of GBX 76.50. The company has a current ratio of 341.55, a quick ratio of 131.52 and a debt-to-equity ratio of 10.13. The stock has a market cap of £610.07 million, a price-to-earnings ratio of -40.40 and a beta of 0.34.

GCP Infrastructure Investments Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, October 31st were paid a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date was Thursday, October 31st. This represents a dividend yield of 2.3%. GCP Infrastructure Investments’s payout ratio is -402.30%.

Insider Activity

In other news, insider Andrew Didham acquired 5,727 shares of the business’s stock in a transaction dated Friday, December 13th. The shares were acquired at an average cost of GBX 70 ($0.87) per share, with a total value of £4,008.90 ($4,980.00). Corporate insiders own 0.33% of the company’s stock.

GCP Infrastructure Investments Company Profile

GCP Infrastructure Investments Limited focuses on investing in the United Kingdom infrastructure debt. The company makes infrastructure investments through acquiring interests in debt instruments issued by infrastructure project companies. It primarily invests in senior and subordinated debt instruments.