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

Shares of GCP Infrastructure Investments Limited (LON:GCP) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 76.83 ($0.96) and traded as low as GBX 70.40 ($0.88). GCP Infrastructure Investments shares last traded at GBX 70.70 ($0.89), with a volume of 336,900 shares trading hands.

GCP Infrastructure Investments Price Performance

The company has a debt-to-equity ratio of 10.13, a quick ratio of 131.52 and a current ratio of 341.55. The company’s 50 day moving average price is GBX 72.32 and its 200-day moving average price is GBX 76.83. The company has a market cap of £613.54 million, a price-to-earnings ratio of -40.63 and a beta of 0.34.

GCP Infrastructure Investments Announces Dividend

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

Insiders Place Their Bets

In other news, insider Andrew Didham acquired 5,727 shares of GCP Infrastructure Investments stock in a transaction dated Friday, December 13th. The stock was bought at an average cost of GBX 70 ($0.88) per share, with a total value of £4,008.90 ($5,023.68). Corporate insiders own 0.33% of the company’s stock.

GCP Infrastructure Investments Company Profile

GCP Infrastructure Investments Limited focuses on investing in the United Kingdom infrastructure debt. The company makes infrastructure investments through acquiring interests in debt instruments issued by infrastructure project companies. It primarily invests in senior and subordinated debt instruments.