HICL Infrastructure (LON:HICL) Sets New 12-Month Low – Time to Sell?

Shares of HICL Infrastructure PLC (LON:HICL) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 112.40 ($1.40) and last traded at GBX 112.88 ($1.41), with a volume of 2308151 shares changing hands. The stock had previously closed at GBX 115.40 ($1.44).

HICL Infrastructure Stock Down 2.3 %

The company has a market capitalization of £2.28 billion, a P/E ratio of 5,638.40 and a beta of 0.30. The business’s 50-day moving average is GBX 119.31 and its two-hundred day moving average is GBX 124.54.

HICL Infrastructure Announces Dividend

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

Insider Transactions at HICL Infrastructure

In other news, insider Michael Bane purchased 45,000 shares of the business’s stock in a transaction dated Friday, December 20th. The stock was bought at an average price of GBX 115 ($1.43) per share, for a total transaction of £51,750 ($64,558.38). Also, insider Rita Akushie acquired 10,018 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The stock was purchased at an average cost of GBX 115 ($1.43) per share, with a total value of £11,520.70 ($14,372.13). Company insiders own 0.20% of the company’s stock.

HICL Infrastructure Company Profile

HICL is a UK-listed infrastructure investment company. We invest in infrastructure for local communities and to support the delivery of essential services, working in partnership with the public and private sectors.