HICL Infrastructure (LON:HICL) Stock Crosses Below 200 Day Moving Average of $169.77

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HICL Infrastructure PLC (LON:HICL) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 169.77 ($2.22) and traded as low as GBX 164.80 ($2.15). HICL Infrastructure shares last traded at GBX 166.80 ($2.18), with a volume of 2,337,135 shares trading hands.

The stock has a market cap of £3.27 billion and a P/E ratio of 61.85. The company has a 50 day simple moving average of GBX 165.21 and a 200 day simple moving average of GBX 169.78.

The business also recently disclosed a dividend, which was paid on Wednesday, March 31st. Stockholders of record on Thursday, March 4th were paid a dividend of GBX 2.06 ($0.03) per share. This represents a dividend yield of 1.22%. The ex-dividend date of this dividend was Thursday, March 4th. HICL Infrastructure’s dividend payout ratio is currently 3.06%.

In related news, insider Kenneth D. Reid acquired 491 shares of the company’s stock in a transaction dated Monday, March 1st. The shares were bought at an average price of GBX 166 ($2.17) per share, for a total transaction of £815.06 ($1,064.88).

HICL Infrastructure Company Profile (LON:HICL)

HICL Infrastructure Company Limited specializes in direct and fund of funds investments. For direct investments, it seeks to invest in infrastructure projects. It invests in project companies which have not yet completed the construction phases of their concessions including project companies which are in the process of bidding for project concessions.

Further Reading: How To Calculate Debt-to-Equity Ratio

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