HICL Infrastructure (LON:HICL) Sets New 1-Year Low – Time to Sell?

Shares of HICL Infrastructure PLC (LON:HICL) reached a new 52-week low on Tuesday . The company traded as low as GBX 109.40 ($1.35) and last traded at GBX 109.80 ($1.35), with a volume of 3737234 shares changing hands. The stock had previously closed at GBX 110.20 ($1.36).

HICL Infrastructure Stock Performance

The company has a fifty day moving average of GBX 117.18 and a two-hundred day moving average of GBX 123.70. The company has a market cap of £2.21 billion, a PE ratio of 5,477.20 and a beta of 0.30.

HICL Infrastructure Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, November 21st were paid a GBX 2.06 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a yield of 1.72%. HICL Infrastructure’s dividend payout ratio (DPR) is currently 40,000.00%.

Insider Transactions at HICL Infrastructure

In other HICL Infrastructure news, insider Michael Bane bought 45,000 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was bought at an average cost of GBX 115 ($1.42) per share, for a total transaction of £51,750 ($63,810.11). Also, insider Rita Akushie acquired 10,018 shares of the business’s stock in a transaction on Monday, December 23rd. The stock was purchased at an average cost of GBX 115 ($1.42) per share, with a total value of £11,520.70 ($14,205.55). Corporate insiders own 0.20% of the company’s stock.

HICL Infrastructure Company Profile

HICL is a UK-listed infrastructure investment company. We invest in infrastructure for local communities and to support the delivery of essential services, working in partnership with the public and private sectors.