GCP Infrastructure Investments (LON:GCP) Sets New 52-Week Low at $83.72

GCP Infrastructure Investments Limited (LON:GCP – Get Rating)’s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 83.72 ($1.04) and last traded at GBX 83.72 ($1.04), with a volume of 312486 shares trading hands. The stock had previously closed at GBX 84.10 ($1.05).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 19 ($0.24) target price on shares of GCP Infrastructure Investments in a report on Monday, March 6th.

GCP Infrastructure Investments Price Performance

The firm has a market capitalization of £742.13 million, a P/E ratio of 525.63 and a beta of 0.19. The business’s fifty day moving average is GBX 89.57 and its 200 day moving average is GBX 94.89. The company has a current ratio of 148.50, a quick ratio of 131.52 and a debt-to-equity ratio of 9.82.

GCP Infrastructure Investments Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, June 14th. Stockholders of record on Thursday, May 11th will be given a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date of this dividend is Thursday, May 11th. This represents a dividend yield of 1.91%. GCP Infrastructure Investments’s dividend payout ratio (DPR) is presently 4,375.00%.

About GCP Infrastructure Investments

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GCP Infrastructure Investments Limited focuses on investing in the United Kingdom infrastructure debt. The company makes infrastructure investments through acquiring interests in debt instruments issued by infrastructure project companies. It primarily invests in senior and subordinated debt instruments.