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

GCP Infrastructure Investments Limited (LON:GCP)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 73.77 ($0.96) and traded as low as GBX 73.25 ($0.95). GCP Infrastructure Investments shares last traded at GBX 73.80 ($0.96), with a volume of 2,202,410 shares changing hands.

GCP Infrastructure Investments Price Performance

The company has a market capitalization of £654.30 million, a PE ratio of 41.96 and a beta of 0.34. The stock’s 50 day simple moving average is GBX 74.03 and its 200-day simple moving average is GBX 73.70.

GCP Infrastructure Investments Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Thursday, February 6th were issued a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date was Thursday, February 6th. This represents a yield of 2.46%. GCP Infrastructure Investments’s dividend payout ratio (DPR) is presently 402.87%.

Insiders Place Their Bets

In other GCP Infrastructure Investments news, insider Ian Brown purchased 46,116 shares of the business’s stock in a transaction on Wednesday, February 19th. The shares were bought at an average cost of GBX 76 ($0.98) per share, for a total transaction of £35,048.16 ($45,375.66). Insiders own 0.33% of the company’s stock.

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.