HICL Infrastructure (LON:HICL) Reaches New 52-Week Low – Should You Sell?

Shares of HICL Infrastructure PLC (LON:HICL) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 117.80 ($1.48) and last traded at GBX 119 ($1.49), with a volume of 26368289 shares traded. The stock had previously closed at GBX 117.80 ($1.48).

HICL Infrastructure Trading Up 1.0 %

The stock has a market cap of £2.40 billion, a P/E ratio of 5,890.00 and a beta of 0.30. The stock’s 50-day moving average is GBX 126.45 and its 200-day moving average is GBX 125.81.

HICL Infrastructure Announces Dividend

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

Insider Activity at HICL Infrastructure

In other HICL Infrastructure news, insider Rita Akushie acquired 1,195 shares of the business’s stock in a transaction that occurred on Friday, August 30th. The shares were purchased at an average price of GBX 127 ($1.60) per share, with a total value of £1,517.65 ($1,906.12). 0.20% of the stock is owned by insiders.

HICL Infrastructure Company Profile

HICL Infrastructure PLC 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.