Sequoia Economic Infrastructure (LON:SEQI) Stock Price Crosses Below 200 Day Moving Average of $80.82

Shares of Sequoia Economic Infrastructure Inc (LON:SEQI) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 80.82 ($1.04) and traded as low as GBX 78.22 ($1.01). Sequoia Economic Infrastructure shares last traded at GBX 78.80 ($1.01), with a volume of 2,317,096 shares changing hands.

Sequoia Economic Infrastructure Stock Performance

The company has a market capitalization of £1.32 billion and a P/E ratio of -7,880.00. The firm has a 50 day moving average price of GBX 79.70 and a two-hundred day moving average price of GBX 80.82.

Sequoia Economic Infrastructure Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, August 23rd. Stockholders of record on Thursday, July 25th will be paid a GBX 1.72 ($0.02) dividend. The ex-dividend date is Thursday, July 25th. This represents a dividend yield of 2.11%. Sequoia Economic Infrastructure’s dividend payout ratio is currently -70,000.00%.

About Sequoia Economic Infrastructure

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.