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Sequoia Economic Infrastructure (LON:SEQI) Stock Passes Above 50-Day Moving Average - What's Next?

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Sequoia Economic Infrastructure Inc (LON:SEQI - Get Free Report)'s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 77.78 ($1.01) and traded as high as GBX 79.50 ($1.03). Sequoia Economic Infrastructure shares last traded at GBX 78.40 ($1.02), with a volume of 1,790,313 shares.

Sequoia Economic Infrastructure Stock Performance

The company has a market cap of £1.22 billion and a P/E ratio of -7,760.00. The company has a fifty day moving average price of GBX 77.76 and a two-hundred day moving average price of GBX 78.19.

Sequoia Economic Infrastructure Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, January 30th were issued a GBX 1.72 ($0.02) dividend. This represents a dividend yield of 2.18%. The ex-dividend date of this dividend was Thursday, January 30th. 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.

Further Reading

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