Sequoia Economic Infrastructure (LON:SEQI) Stock Passes Above 50-Day Moving Average of $80.29

Shares of Sequoia Economic Infrastructure Inc (LON:SEQI - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 80.29 ($1.06) and traded as high as GBX 80.60 ($1.06). Sequoia Economic Infrastructure shares last traded at GBX 79.60 ($1.05), with a volume of 2,560,243 shares trading hands.

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Sequoia Economic Infrastructure Stock Performance

The stock has a fifty day moving average of GBX 80.29 and a 200 day moving average of GBX 80.40. The company has a market capitalization of £1.34 billion and a PE ratio of -7,960.00.

Sequoia Economic Infrastructure Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, August 23rd. Investors of record on Thursday, July 25th were issued a GBX 1.72 ($0.02) dividend. The ex-dividend date was Thursday, July 25th. This represents a yield of 2.11%. Sequoia Economic Infrastructure's dividend payout ratio is presently -70,000.00%.

About Sequoia Economic Infrastructure

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Sequoia Economic Infrastructure Income Fund Limited invests in a diversified portfolio of senior and subordinated economic infrastructure debt investments through its subsidiary Sequoia IDF Asset Holdings SA The Company operates through investment in senior and subordinated infrastructure debt instruments and related and/or similar assets segment.

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