HICL Infrastructure (LON:HICL) Shares Pass Below Two Hundred Day Moving Average of $127.79

HICL Infrastructure PLC (LON:HICLGet Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 127.79 ($1.60) and traded as low as GBX 125.60 ($1.58). HICL Infrastructure shares last traded at GBX 126 ($1.58), with a volume of 3,083,788 shares trading hands.

HICL Infrastructure Stock Down 0.2 %

The stock’s 50-day moving average price is GBX 125.04 and its 200 day moving average price is GBX 127.79. The firm has a market cap of £2.55 billion, a price-to-earnings ratio of 1,260.00 and a beta of 0.28.

HICL Infrastructure Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, February 29th were given a dividend of GBX 2.06 ($0.03) per share. This represents a dividend yield of 1.69%. The ex-dividend date of this dividend was Thursday, February 29th. HICL Infrastructure’s dividend payout ratio is currently 8,000.00%.

Insider Activity

In related news, insider Michael Bane acquired 24,100 shares of the business’s stock in a transaction dated Monday, March 25th. The stock was acquired at an average price of GBX 125 ($1.57) per share, with a total value of £30,125 ($37,816.97). 0.22% of the stock is owned by company insiders.

About HICL Infrastructure

(Get Free Report)

HICL Infrastructure PLC specializes in direct and fund of funds investments. For direct investments, it seeks to invest in infrastructure projects. It invests in project companies which have not yet completed the construction phases of their concessions including project companies which are in the process of bidding for project concessions.

Read More

Receive News & Ratings for HICL Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HICL Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.