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Sequoia Economic Infrastructure (LON:SEQI) Shares Cross Below 200 Day Moving Average - Should You Sell?

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Sequoia Economic Infrastructure Inc (LON:SEQI - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 78.30 ($1.00) and traded as low as GBX 77.50 ($0.99). Sequoia Economic Infrastructure shares last traded at GBX 77.80 ($1.00), with a volume of 2,228,633 shares changing hands.

Sequoia Economic Infrastructure Price Performance

The company's 50 day simple moving average is GBX 77.82 and its 200 day simple moving average is GBX 78.27. The stock has a market cap of £1.22 billion and a P/E ratio of -7,740.00.

Sequoia Economic Infrastructure (LON:SEQI - Get Free Report) last released its quarterly earnings data on Thursday, December 5th. The company reported GBX 4.26 ($0.05) EPS for the quarter.

Sequoia Economic Infrastructure Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, January 30th were given a dividend of GBX 1.72 ($0.02) per share. This represents a dividend yield of 2.18%. The ex-dividend date of this dividend was Thursday, January 30th. Sequoia Economic Infrastructure's dividend payout ratio is currently -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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