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Sequoia Economic Infrastructure (LON:SEQI) Share Price Passes Below 200 Day Moving Average - Time to Sell?

Sequoia Economic Infrastructure logo with background

Sequoia Economic Infrastructure Inc (LON:SEQI - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 78.90 ($0.98) and traded as low as GBX 78.10 ($0.97). Sequoia Economic Infrastructure shares last traded at GBX 78.80 ($0.98), with a volume of 289,692 shares trading hands.

Sequoia Economic Infrastructure Stock Up 0.5 %

The stock has a market cap of £1.33 billion and a price-to-earnings ratio of -7,920.00. The company's 50-day moving average is GBX 77.49 and its 200-day moving average is GBX 78.90.

Sequoia Economic Infrastructure Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, October 24th were issued a dividend of GBX 1.72 ($0.02) per share. The ex-dividend date was Thursday, October 24th. This represents a dividend yield of 2.22%. Sequoia Economic Infrastructure's payout ratio is presently -70,000.00%.

About Sequoia Economic Infrastructure

(Get Free Report)

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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