GCP Infrastructure Investment (LON:GCP) Shares Pass Above 200-Day Moving Average of $69.26

GCP Infrastructure Investment (LON:GCP) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 69.26 ($0.88) and traded as high as GBX 72 ($0.91). GCP Infrastructure Investment shares last traded at GBX 70.50 ($0.89), with a volume of 1,376,629 shares changing hands.

GCP Infrastructure Investment Price Performance

The firm has a market capitalization of £611.81 million, a P/E ratio of 2,350.00 and a beta of 0.34. The company has a current ratio of 262.91, a quick ratio of 131.52 and a debt-to-equity ratio of 10.84. The company has a 50 day moving average of GBX 71.85 and a 200-day moving average of GBX 69.26.

GCP Infrastructure Investment Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, March 8th. Stockholders of record on Thursday, February 8th were issued a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date of this dividend was Thursday, February 8th. This represents a dividend yield of 2.41%. GCP Infrastructure Investment’s dividend payout ratio (DPR) is currently 23,333.33%.

GCP Infrastructure Investment Company Profile

GCP Infrastructure Investments Limited focuses on investing in the United Kingdom infrastructure debt. The company makes infrastructure investments through acquiring interests in debt instruments issued by infrastructure project companies. It primarily invests in senior and subordinated debt instruments.