HICL Infrastructure (LON:HICL) Share Price Crosses Below 200 Day Moving Average of $127.69

HICL Infrastructure PLC (LON:HICL) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 127.69 ($1.62) and traded as low as GBX 124.16 ($1.57). HICL Infrastructure shares last traded at GBX 124.80 ($1.58), with a volume of 2,317,910 shares traded.

HICL Infrastructure Trading Down 0.3 %

The stock has a market cap of £2.53 billion, a P/E ratio of 1,248.00 and a beta of 0.28. The firm’s fifty day moving average is GBX 124.56 and its 200 day moving average is GBX 127.69.

HICL Infrastructure Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, February 29th were issued a GBX 2.06 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a yield of 1.69%. HICL Infrastructure’s dividend payout ratio (DPR) is presently 8,000.00%.

Insider Buying and Selling

In other news, insider Michael Bane bought 24,100 shares of the company’s stock in a transaction that occurred on Monday, March 25th. The shares were purchased at an average price of GBX 125 ($1.58) per share, for a total transaction of £30,125 ($38,128.09). Insiders own 0.22% of the company’s stock.

HICL Infrastructure Company Profile

HICL Infrastructure PLC specializes in direct and fund of funds investments. For direct investments, it seeks to invest in infrastructure projects. It invests in project companies which have not yet completed the construction phases of their concessions including project companies which are in the process of bidding for project concessions.