Sequoia Economic Infrastructure (LON:SEQI) Shares Pass Above 50 Day Moving Average – Here’s Why

Sequoia Economic Infrastructure Inc (LON:SEQIGet Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 78.38 ($0.98) and traded as high as GBX 79.30 ($0.99). Sequoia Economic Infrastructure shares last traded at GBX 78 ($0.97), with a volume of 1,782,636 shares traded.

Sequoia Economic Infrastructure Trading Up 0.6 %

The company has a 50 day moving average price of GBX 78.38 and a 200 day moving average price of GBX 78.85. The firm has a market cap of £1.32 billion and a PE ratio of -7,843.90.

Sequoia Economic Infrastructure (LON:SEQIGet Free Report) last announced its quarterly earnings results on Thursday, December 5th. The company reported GBX 4.26 ($0.05) EPS for the quarter.

Sequoia Economic Infrastructure Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, January 30th will be paid a dividend of GBX 1.72 ($0.02) per share. This represents a dividend yield of 2.18%. The ex-dividend date is Thursday, January 30th. Sequoia Economic Infrastructure’s dividend payout ratio (DPR) is -70,000.00%.

Sequoia Economic Infrastructure Company Profile

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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.

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