BBGI Global Infrastructure (LON:BBGI) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

BBGI Global Infrastructure (LON:BBGI) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 133.15 ($1.74) and traded as low as GBX 126.42 ($1.65). BBGI Global Infrastructure shares last traded at GBX 126.60 ($1.66), with a volume of 1,200,995 shares changing hands.

BBGI Global Infrastructure Trading Down 0.6 %

The company has a debt-to-equity ratio of 0.14, a current ratio of 6.26 and a quick ratio of 2.02. The stock’s 50-day moving average is GBX 132.82 and its two-hundred day moving average is GBX 133.15. The company has a market cap of £904.85 million, a P/E ratio of 1,582.50 and a beta of 0.23.

BBGI Global Infrastructure Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, October 17th. Shareholders of record on Thursday, September 5th will be given a dividend of GBX 4.20 ($0.05) per share. This represents a dividend yield of 3.11%. The ex-dividend date is Thursday, September 5th. This is a positive change from BBGI Global Infrastructure’s previous dividend of $3.97. BBGI Global Infrastructure’s payout ratio is 10,000.00%.

BBGI Global Infrastructure Company Profile

BBGI Global Infrastructure SA is an investment firm specializing in infrastructure investments in operational or near operational assets. It seeks to invest in Public Private Partnerships (PPP) and Private Finance Initiative (PFI) infrastructure assets. The firm typically invests in availability-based' projects including schools, hospitals, prisons, transportation, justice, education, healthcare , emergency services and certain roads infrastructures.