HICL Infrastructure (LON:HICL) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

HICL Infrastructure PLC (LON:HICL) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 124.54 ($1.55) and traded as low as GBX 115.40 ($1.44). HICL Infrastructure shares last traded at GBX 115.40 ($1.44), with a volume of 2,196,938 shares traded.

HICL Infrastructure Price Performance

The company has a fifty day moving average price of GBX 119.31 and a two-hundred day moving average price of GBX 124.54. The firm has a market cap of £2.32 billion, a price-to-earnings ratio of 5,750.00 and a beta of 0.30.

HICL Infrastructure Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, November 21st were issued a GBX 2.06 ($0.03) dividend. This represents a yield of 1.72%. The ex-dividend date was Thursday, November 21st. HICL Infrastructure’s payout ratio is 40,000.00%.

Insider Transactions at HICL Infrastructure

In related news, insider Rita Akushie acquired 10,018 shares of HICL Infrastructure stock in a transaction dated Monday, December 23rd. The stock was acquired at an average cost of GBX 115 ($1.43) per share, with a total value of £11,520.70 ($14,372.13). Also, insider Michael Bane bought 45,000 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was bought at an average price of GBX 115 ($1.43) per share, for a total transaction of £51,750 ($64,558.38). Corporate insiders own 0.20% of the company’s stock.

HICL Infrastructure Company Profile

HICL is a UK-listed infrastructure investment company. We invest in infrastructure for local communities and to support the delivery of essential services, working in partnership with the public and private sectors.