Sequoia Economic Infrastructure (LON:SEQI) Stock Price Passes Above 50 Day Moving Average of $80.24

Sequoia Economic Infrastructure Inc (LON:SEQI)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 80.24 ($1.06) and traded as high as GBX 81.01 ($1.07). Sequoia Economic Infrastructure shares last traded at GBX 79.70 ($1.05), with a volume of 2,736,359 shares.

Sequoia Economic Infrastructure Trading Up 0.5 %

The stock has a market cap of £1.35 billion and a P/E ratio of -7,970.00. The stock has a 50 day simple moving average of GBX 80.24 and a 200 day simple moving average of GBX 80.44.

Sequoia Economic Infrastructure Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, August 23rd. Investors of record on Thursday, July 25th were given a GBX 1.72 ($0.02) dividend. This represents a dividend yield of 2.11%. The ex-dividend date was Thursday, July 25th. Sequoia Economic Infrastructure’s payout ratio is currently -70,000.00%.

About Sequoia Economic Infrastructure

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.