GCP Infrastructure Investments (LON:GCP) Share Price Passes Above 200 Day Moving Average of $70.07

GCP Infrastructure Investments Limited (LON:GCP)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 70.07 ($0.88) and traded as high as GBX 75.90 ($0.95). GCP Infrastructure Investments shares last traded at GBX 75.80 ($0.95), with a volume of 866,612 shares traded.

GCP Infrastructure Investments Stock Performance

The firm has a market capitalization of £657.80 million, a price-to-earnings ratio of 2,526.67 and a beta of 0.34. The company has a debt-to-equity ratio of 10.84, a current ratio of 262.91 and a quick ratio of 131.52. The firm has a 50 day moving average price of GBX 72.62 and a 200-day moving average price of GBX 70.12.

GCP Infrastructure Investments Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, June 4th. Stockholders of record on Thursday, May 2nd will be paid a GBX 1.75 ($0.02) dividend. This represents a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, May 2nd. GCP Infrastructure Investments’s payout ratio is currently 23,333.33%.

Insider Activity

In related news, insider Andrew Didham acquired 13,449 shares of GCP Infrastructure Investments stock in a transaction dated Friday, April 26th. The shares were acquired at an average cost of GBX 74 ($0.93) per share, for a total transaction of £9,952.26 ($12,501.27). Insiders own 0.36% of the company’s stock.

About GCP Infrastructure Investments

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.