GCP Infrastructure Investments (LON:GCP) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

GCP Infrastructure Investments Limited (LON:GCP)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 76.50 ($0.95) and traded as low as GBX 70.02 ($0.87). GCP Infrastructure Investments shares last traded at GBX 70.30 ($0.87), with a volume of 726,119 shares changing hands.

GCP Infrastructure Investments Stock Performance

The company has a market cap of £610.07 million, a P/E ratio of -40.40 and a beta of 0.34. The company has a quick ratio of 131.52, a current ratio of 341.55 and a debt-to-equity ratio of 10.13. The business has a fifty day simple moving average of GBX 71.51 and a two-hundred day simple moving average of GBX 76.50.

GCP Infrastructure Investments Announces Dividend

The firm also recently disclosed 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 was Thursday, October 31st. GCP Infrastructure Investments’s dividend payout ratio (DPR) is presently -402.30%.

Insider Activity at GCP Infrastructure Investments

In related news, insider Andrew Didham bought 5,727 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were bought at an average cost of GBX 70 ($0.87) per share, for a total transaction of £4,008.90 ($4,980.00). 0.33% of the stock is currently owned by company insiders.

About GCP Infrastructure Investments

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.