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

GCP Infrastructure Investments Limited (LON:GCP) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 74.62 ($0.94) and traded as high as GBX 76.60 ($0.96). GCP Infrastructure Investments shares last traded at GBX 76.50 ($0.96), with a volume of 2,234,475 shares trading hands.

GCP Infrastructure Investments Price Performance

The company has a 50 day moving average of GBX 71.64 and a two-hundred day moving average of GBX 74.62. The company has a market capitalization of £678.53 million, a PE ratio of 43.51 and a beta of 0.34.

GCP Infrastructure Investments (LON:GCP) last issued its quarterly earnings results on Thursday, December 12th. The company reported GBX 7.09 ($0.09) earnings per share (EPS) for the quarter. GCP Infrastructure Investments had a net margin of 20.96% and a return on equity of 1.63%. On average, equities analysts anticipate that GCP Infrastructure Investments Limited will post 8.2955771 EPS for the current year.

GCP Infrastructure Investments Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Thursday, February 6th will be given a GBX 1.75 ($0.02) dividend. The ex-dividend date is Thursday, February 6th. This represents a dividend yield of 2.46%. GCP Infrastructure Investments’s dividend payout ratio is currently 402.87%.

Insider Activity at GCP Infrastructure Investments

In other news, insider Andrew Didham purchased 5,727 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The shares were bought at an average price of GBX 70 ($0.88) per share, for a total transaction of £4,008.90 ($5,044.55). 0.33% of the stock is owned by corporate insiders.

GCP Infrastructure Investments Company Profile

GCP Infrastructure Investment Limited (GCP Infra) is a Jersey-incorporated, closed ended investment company whose shares are traded on the main market of the London Stock Exchange. Its objective is to provide shareholders with regular, sustained distributions and to preserve capital over the long term by generating exposure primarily to UK infrastructure debt and related and/or similar assets which provide regular and predictable long term cashflows.