GCP Infrastructure Investments (LON:GCP) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

GCP Infrastructure Investments Limited (LON:GCP)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 76.21 ($0.93) and traded as low as GBX 68.30 ($0.84). GCP Infrastructure Investments shares last traded at GBX 69.70 ($0.85), with a volume of 1,486,552 shares trading hands.

GCP Infrastructure Investments Stock Performance

The firm’s 50 day moving average is GBX 70.80 and its 200-day moving average is GBX 76.03. The stock has a market capitalization of £624.82 million, a price-to-earnings ratio of -41.38 and a beta of 0.34. The company has a debt-to-equity ratio of 10.13, a quick ratio of 131.52 and a current ratio of 341.55.

GCP Infrastructure Investments Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, October 31st were given a GBX 1.75 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a dividend yield of 2.3%. GCP Infrastructure Investments’s dividend payout ratio (DPR) is currently -402.30%.

Insider Activity

In other GCP Infrastructure Investments news, insider Andrew Didham bought 5,727 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were purchased at an average price of GBX 70 ($0.86) per share, for a total transaction of £4,008.90 ($4,906.85). Insiders own 0.33% of the company’s stock.

About GCP Infrastructure Investments

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.