HICL Infrastructure (LON:HICL) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

HICL Infrastructure PLC (LON:HICL)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 124.54 ($1.53) and traded as low as GBX 115.40 ($1.42). HICL Infrastructure shares last traded at GBX 115.40 ($1.42), with a volume of 2,196,938 shares traded.

HICL Infrastructure Stock Performance

The stock has a market cap of £2.27 billion, a P/E ratio of 5,610.00 and a beta of 0.30. The business’s 50-day moving average price is GBX 118.85 and its 200-day moving average price is GBX 124.37.

HICL Infrastructure Announces Dividend

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

Insider Transactions at HICL Infrastructure

In other HICL Infrastructure news, insider Rita Akushie purchased 10,018 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was acquired at an average cost of GBX 115 ($1.42) per share, for a total transaction of £11,520.70 ($14,175.83). Also, insider Michael Bane bought 45,000 shares of the stock in a transaction dated Friday, December 20th. The stock was bought at an average cost of GBX 115 ($1.42) per share, for a total transaction of £51,750 ($63,676.63). Corporate 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.