Sequoia Economic Infrastructure (LON:SEQI) Shares Pass Above Fifty Day Moving Average – What’s Next?

Sequoia Economic Infrastructure Inc (LON:SEQI) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 79.35 and traded as high as GBX 80.80. Sequoia Economic Infrastructure shares last traded at GBX 80.40, with a volume of 3,829,098 shares trading hands.

Sequoia Economic Infrastructure Stock Performance

The business’s fifty day moving average price is GBX 79.35 and its 200-day moving average price is GBX 78.70. The stock has a market cap of £1.20 billion and a PE ratio of 15.95.

Sequoia Economic Infrastructure (LON:SEQI) last issued its quarterly earnings data on Tuesday, December 2nd. The company reported GBX 4.40 earnings per share for the quarter.

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.