Sequoia Economic Infrastructure (LON:SEQI) Stock Passes Above 50 Day Moving Average – Time to Sell?

Shares of Sequoia Economic Infrastructure Inc (LON:SEQI) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 80.87 and traded as high as GBX 80.90. Sequoia Economic Infrastructure shares last traded at GBX 79.94, with a volume of 13,303,262 shares.

Sequoia Economic Infrastructure Stock Up 0.0%

The firm has a market cap of £1.19 billion, a P/E ratio of 15.86 and a beta of 0.66. The business has a fifty day simple moving average of GBX 80.87 and a 200-day simple moving average of GBX 79.07.

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. Its investment objective is to provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments.