GCP Infrastructure Investments (LON:GCP) Stock Price Down 0.8% - Here's Why

GCP Infrastructure Investments Limited (LON:GCP - Get Free Report) was down 0.8% during mid-day trading on Tuesday . The company traded as low as GBX 70.97 ($0.91) and last traded at GBX 71.50 ($0.91). Approximately 1,117,532 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 1,437,812 shares. The stock had previously closed at GBX 72.10 ($0.92).

GCP Infrastructure Investments Stock Down 0.4 %

The stock has a market cap of £617.88 million, a PE ratio of -40.92 and a beta of 0.34. The business has a 50 day moving average of GBX 73.61 and a 200-day moving average of GBX 77.28. The company has a current ratio of 341.55, a quick ratio of 131.52 and a debt-to-equity ratio of 10.13.

GCP Infrastructure Investments Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, October 31st were given a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date was Thursday, October 31st. This represents a dividend yield of 2.3%. GCP Infrastructure Investments's dividend payout ratio (DPR) is presently -402.30%.

About GCP Infrastructure Investments

GCP Infrastructure Investments Limited focuses on investing in the United Kingdom infrastructure debt. The company makes infrastructure investments through acquiring interests in debt instruments issued by infrastructure project companies. It primarily invests in senior and subordinated debt instruments.