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

Sequoia Economic Infrastructure logo with background

Sequoia Economic Infrastructure Inc (LON:SEQI - Get Free Report)'s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 77.81 ($0.99) and traded as low as GBX 76.80 ($0.98). Sequoia Economic Infrastructure shares last traded at GBX 76.80 ($0.98), with a volume of 2,533,828 shares trading hands.

Sequoia Economic Infrastructure Stock Performance

The company has a market capitalization of £1.18 billion and a price-to-earnings ratio of -7,489.70. The business's 50-day simple moving average is GBX 76.98 and its 200-day simple moving average is GBX 77.65.

Sequoia Economic Infrastructure Dividend Announcement

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