BBGI Global Infrastructure (LON:BBGI) Stock Price Passes Below 50-Day Moving Average - Here's Why

BBGI Global Infrastructure (LON:BBGI - Get Free Report)'s share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 131.67 ($1.71) and traded as low as GBX 127.40 ($1.65). BBGI Global Infrastructure shares last traded at GBX 128 ($1.66), with a volume of 2,179,616 shares traded.

BBGI Global Infrastructure Price Performance

The company has a quick ratio of 2.02, a current ratio of 6.26 and a debt-to-equity ratio of 0.14. The business has a 50-day moving average price of GBX 131.51 and a two-hundred day moving average price of GBX 133.05. The company has a market capitalization of £916.28 million, a price-to-earnings ratio of 1,602.50 and a beta of 0.23.

BBGI Global Infrastructure Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, October 17th. Investors of record on Thursday, September 5th were given a GBX 4.20 ($0.05) dividend. This is a positive change from BBGI Global Infrastructure's previous dividend of $3.97. This represents a yield of 3.11%. The ex-dividend date was Thursday, September 5th. BBGI Global Infrastructure's dividend payout ratio is presently 10,000.00%.

BBGI Global Infrastructure Company Profile

BBGI Global Infrastructure SA is an investment firm specializing in infrastructure investments in operational or near operational assets. It seeks to invest in Public Private Partnerships (PPP) and Private Finance Initiative (PFI) infrastructure assets. The firm typically invests in availability-based' projects including schools, hospitals, prisons, transportation, justice, education, healthcare , emergency services and certain roads infrastructures.