GCP Infrastructure Investments (LON:GCP) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

GCP Infrastructure Investments Limited (LON:GCP)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 73.77 ($0.96) and traded as low as GBX 73.25 ($0.95). GCP Infrastructure Investments shares last traded at GBX 73.80 ($0.96), with a volume of 2,202,410 shares changing hands.

GCP Infrastructure Investments Stock Up 1.2 %

The company has a market capitalization of £662.37 million, a P/E ratio of 42.47 and a beta of 0.34. The firm has a fifty day simple moving average of GBX 74 and a 200-day simple moving average of GBX 73.77.

GCP Infrastructure Investments Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Thursday, February 6th were issued a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date was Thursday, February 6th. This represents a yield of 2.46%. GCP Infrastructure Investments’s dividend payout ratio (DPR) is currently 402.87%.

Insider Buying and Selling at GCP Infrastructure Investments

In other GCP Infrastructure Investments news, insider Ian Brown acquired 46,116 shares of the business’s stock in a transaction dated Wednesday, February 19th. The shares were acquired at an average price of GBX 76 ($0.98) per share, with a total value of £35,048.16 ($45,375.66). Insiders own 0.33% of the company’s stock.

About GCP Infrastructure Investments

GCP Infrastructure Investment Limited (GCP Infra) is a Jersey-incorporated, closed ended investment company whose shares are traded on the main market of the London Stock Exchange. Its objective is to provide shareholders with regular, sustained distributions and to preserve capital over the long term by generating exposure primarily to UK infrastructure debt and related and/or similar assets which provide regular and predictable long term cashflows.