GCP Infrastructure Investments (LON:GCP) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of GCP Infrastructure Investments Limited (LON:GCP) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 73.58 and traded as high as GBX 76.80. GCP Infrastructure Investments shares last traded at GBX 76, with a volume of 2,126,303 shares trading hands.

GCP Infrastructure Investments Trading Down 0.2%

The stock has a fifty day simple moving average of GBX 75.33 and a 200 day simple moving average of GBX 73.58. The company has a debt-to-equity ratio of 2.27, a quick ratio of 131.52 and a current ratio of 0.09. The firm has a market cap of £632.74 million, a P/E ratio of 35.28 and a beta of 0.34.

GCP Infrastructure Investments (LON:GCP) last released its quarterly earnings data on Thursday, December 11th. The company reported GBX 6.73 EPS for the quarter. GCP Infrastructure Investments had a return on equity of 2.13% and a net margin of 22.65%. On average, research analysts expect that GCP Infrastructure Investments Limited will post 8.2955771 earnings per share for the current fiscal year.

Insider Activity at GCP Infrastructure Investments

In related news, insider Dawn Crichard bought 32,413 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was acquired at an average price of GBX 77 per share, with a total value of £24,958.01. Also, insider Heather Bestwick purchased 20,000 shares of the stock in a transaction dated Friday, January 23rd. The shares were purchased at an average cost of GBX 75 per share, for a total transaction of £15,000. 0.15% of the stock is owned by insiders.

GCP Infrastructure Investments Company Profile

GCP Infrastructure Investment Limited (GCP Infra) is a Jersey-incorporated, closed ended investment company whose shares are traded on the main market of the London Stock Exchange. Its objective is to provide shareholders with regular, sustained distributions and to preserve capital over the long term by generating exposure primarily to UK infrastructure debt and related and/or similar assets which provide regular and predictable long term cashflows.

GCP Infra primarily targets investments in infrastructure projects with long term, public sector-backed, availability-based revenues.