Sequoia Economic Infrastructure (LON:SEQI) Share Price Passes Above Fifty Day Moving Average of $80.39

Sequoia Economic Infrastructure Inc (LON:SEQI)’s stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 80.39 ($1.06) and traded as high as GBX 81 ($1.07). Sequoia Economic Infrastructure shares last traded at GBX 80.20 ($1.06), with a volume of 1,707,348 shares changing hands.

Sequoia Economic Infrastructure Stock Performance

The business has a 50-day simple moving average of GBX 80.39 and a 200 day simple moving average of GBX 80.32. The firm has a market cap of £1.34 billion and a P/E ratio of -8,020.00.

Sequoia Economic Infrastructure Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, August 23rd. Investors of record on Thursday, July 25th were paid a GBX 1.72 ($0.02) dividend. This represents a yield of 2.11%. The ex-dividend date of this dividend was Thursday, July 25th. Sequoia Economic Infrastructure’s payout ratio is -70,000.00%.

Sequoia Economic Infrastructure Company Profile

Sequoia Economic Infrastructure Income Fund Limited invests in a diversified portfolio of senior and subordinated economic infrastructure debt investments through its subsidiary Sequoia IDF Asset Holdings SA The Company operates through investment in senior and subordinated infrastructure debt instruments and related and/or similar assets segment.