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GCP Infrastructure Investments (LON:GCP) Shares Pass Above 200-Day Moving Average - Here's What Happened

GCP Infrastructure Investments logo with Financial Services background

GCP Infrastructure Investments Limited (LON:GCP - Get Free Report)'s share price passed 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 ($0.97). GCP Infrastructure Investments shares last traded at GBX 76.50 ($0.97), with a volume of 2,234,475 shares traded.

GCP Infrastructure Investments Stock Performance

The firm's 50-day moving average is GBX 71.86 and its 200 day moving average is GBX 74.60. The firm has a market capitalization of £677.63 million, a PE ratio of 43.45 and a beta of 0.34.

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

GCP Infrastructure Investments Dividend Announcement

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

Insider Activity at GCP Infrastructure Investments

In other news, insider Andrew Didham bought 5,727 shares of the business's stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average price of GBX 70 ($0.88) per share, with a total value of £4,008.90 ($5,064.94). Also, insider Ian Brown acquired 46,116 shares of the company's stock in a transaction dated Wednesday, February 19th. The shares were bought at an average cost of GBX 76 ($0.96) per share, with a total value of £35,048.16 ($44,280.68). 0.33% of the stock is currently owned by corporate insiders.

About GCP Infrastructure Investments

(Get Free Report)

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.

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