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BBGI Global Infrastructure (LON:BBGI) Stock Price Passes Above 200-Day Moving Average - Here's Why

BBGI Global Infrastructure logo with Financial Services background

BBGI Global Infrastructure (LON:BBGI - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 130.74 ($1.73) and traded as high as GBX 142.06 ($1.88). BBGI Global Infrastructure shares last traded at GBX 141.90 ($1.88), with a volume of 17,220,572 shares changing hands.

BBGI Global Infrastructure Stock Up 0.1 %

The stock has a market cap of £1.01 billion, a PE ratio of 18.41 and a beta of 0.23. The business has a 50 day moving average of GBX 140.65 and a 200-day moving average of GBX 130.74. The company has a current ratio of 6.27, a quick ratio of 2.02 and a debt-to-equity ratio of 0.14.

BBGI Global Infrastructure (LON:BBGI - Get Free Report) last announced its earnings results on Friday, March 28th. The company reported GBX 3.67 ($0.05) earnings per share (EPS) for the quarter. BBGI Global Infrastructure had a net margin of 80.75% and a return on equity of 5.24%. Equities research analysts predict that BBGI Global Infrastructure will post 11.3500002 EPS for the current fiscal year.

About BBGI Global Infrastructure

(Get Free Report)

BBGI Global Infrastructure SA (BBGI) is a responsible infrastructure investment company and a constituent of the FTSE 250 that invests in and actively manages for the long-term a globally diversified, low-risk portfolio of essential social infrastructure investments. BBGI is committed to delivering stable and predictable cash flows with progressive long-term dividend growth and attractive, sustainable, returns for shareholders.

Further Reading

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