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Sequoia Economic Infrastructure (LON:SEQI) Share Price Crosses Above 50-Day Moving Average - Here's What Happened

Sequoia Economic Infrastructure logo with background

Shares of Sequoia Economic Infrastructure Inc (LON:SEQI - Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 78.38 ($0.98) and traded as high as GBX 79.30 ($0.99). Sequoia Economic Infrastructure shares last traded at GBX 78 ($0.97), with a volume of 1,782,636 shares trading hands.

Sequoia Economic Infrastructure Trading Up 0.4 %

The firm has a market cap of £1.32 billion and a P/E ratio of -7,830.00. The business's fifty day simple moving average is GBX 78.43 and its 200-day simple moving average is GBX 78.84.

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

Sequoia Economic Infrastructure Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, January 30th will be issued a GBX 1.72 ($0.02) dividend. The ex-dividend date is Thursday, January 30th. This represents a yield of 2.18%. Sequoia Economic Infrastructure's dividend payout ratio (DPR) 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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