GCP Infrastructure Investments (LON:GCP) Stock Crosses Above Two Hundred Day Moving Average of $70.07

GCP Infrastructure Investments Limited (LON:GCP) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 70.07 ($0.88) and traded as high as GBX 75.90 ($0.95). GCP Infrastructure Investments shares last traded at GBX 75.80 ($0.95), with a volume of 866,612 shares traded.

GCP Infrastructure Investments Price Performance

The company has a current ratio of 262.91, a quick ratio of 131.52 and a debt-to-equity ratio of 10.84. The business’s fifty day moving average is GBX 72.62 and its 200 day moving average is GBX 70.07. The firm has a market capitalization of £657.80 million, a P/E ratio of 2,526.67 and a beta of 0.34.

GCP Infrastructure Investments Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, June 4th. Stockholders of record on Thursday, May 2nd will be issued a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date is Thursday, May 2nd. This represents a dividend yield of 2.4%. GCP Infrastructure Investments’s dividend payout ratio is currently 23,333.33%.

Insider Activity

In other news, insider Andrew Didham purchased 13,449 shares of the business’s stock in a transaction dated Friday, April 26th. The shares were acquired at an average price of GBX 74 ($0.93) per share, for a total transaction of £9,952.26 ($12,501.27). 0.36% of the stock is owned by company insiders.

About GCP Infrastructure Investments

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.