GCP Infrastructure Investments (LON:GCP) Share Price Passes Below 200-Day Moving Average – Time to Sell?

GCP Infrastructure Investments Limited (LON:GCP)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 76.21 ($0.93) and traded as low as GBX 68.30 ($0.84). GCP Infrastructure Investments shares last traded at GBX 69.70 ($0.85), with a volume of 1,486,552 shares trading hands.

GCP Infrastructure Investments Trading Up 3.6 %

The company has a fifty day moving average of GBX 70.80 and a 200-day moving average of GBX 76.03. 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 capitalization of £624.82 million, a price-to-earnings ratio of -41.38 and a beta of 0.34.

GCP Infrastructure Investments Dividend Announcement

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

Insider Buying and Selling

In other GCP Infrastructure Investments news, insider Andrew Didham purchased 5,727 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were purchased at an average cost of GBX 70 ($0.86) per share, for a total transaction of £4,008.90 ($4,906.85). 0.33% of the stock is owned by company insiders.

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.