GCP Infrastructure Investments (LON:GCP) Stock Price Down 0.8% – Here’s Why

GCP Infrastructure Investments Limited (LON:GCP)’s share price was down 0.8% during mid-day trading on Tuesday . The company traded as low as GBX 70.97 ($0.91) and last traded at GBX 71.50 ($0.91). Approximately 1,117,532 shares were traded during trading, a decline of 22% from the average daily volume of 1,437,812 shares. The stock had previously closed at GBX 72.10 ($0.92).

GCP Infrastructure Investments Stock Down 0.8 %

The firm’s 50 day moving average price is GBX 73.74 and its 200-day moving average price is GBX 77.29. 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 company has a market cap of £620.48 million, a P/E ratio of -41.09 and a beta of 0.34.

GCP Infrastructure Investments Dividend Announcement

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

About GCP Infrastructure Investments

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.