BBGI Global Infrastructure (LON:BBGI) Stock Price Crosses Above 50 Day Moving Average of $129.22

Shares of BBGI Global Infrastructure (LON:BBGI) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 129.22 ($1.62) and traded as high as GBX 140.40 ($1.76). BBGI Global Infrastructure shares last traded at GBX 140.40 ($1.76), with a volume of 1,766,370 shares changing hands.

BBGI Global Infrastructure Price Performance

The stock has a fifty day simple moving average of GBX 129.22 and a 200-day simple moving average of GBX 130.88. The company has a market capitalization of £1.01 billion, a price-to-earnings ratio of 2,340.00 and a beta of 0.23. The company has a debt-to-equity ratio of 2.37, a current ratio of 6.48 and a quick ratio of 2.02.

BBGI Global Infrastructure Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 5th. Shareholders of record on Thursday, February 22nd were given a GBX 3.97 ($0.05) dividend. The ex-dividend date was Thursday, February 22nd. This represents a dividend yield of 3.22%. BBGI Global Infrastructure’s dividend payout ratio (DPR) is currently 13,333.33%.

Insiders Place Their Bets

In related news, insider Andrew Sykes acquired 20,000 shares of the firm’s stock in a transaction on Tuesday, April 2nd. The shares were acquired at an average cost of GBX 130 ($1.63) per share, with a total value of £26,000 ($32,663.32). In other news, insider Andrew Sykes purchased 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 2nd. The stock was purchased at an average cost of GBX 130 ($1.63) per share, for a total transaction of £26,000 ($32,663.32). Also, insider June Aitken acquired 11,500 shares of the firm’s stock in a transaction on Thursday, April 4th. The stock was purchased at an average price of GBX 131 ($1.65) per share, for a total transaction of £15,065 ($18,925.88). 0.41% of the stock is currently owned by company insiders.

BBGI Global Infrastructure Company Profile

BBGI Global Infrastructure SA is an investment firm specializing in infrastructure investments in operational or near operational assets. It seeks to invest in Public Private Partnerships (PPP) and Private Finance Initiative (PFI) infrastructure assets. The firm typically invests in availability-based' projects including schools, hospitals, prisons, transportation, justice, education, healthcare , emergency services and certain roads infrastructures.