GCP Infrastructure Investments (LON:GCP) Shares Cross Below 200 Day Moving Average of $95.40

GCP Infrastructure Investments Limited (LON:GCP – Get Rating) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 95.40 ($1.20) and traded as low as GBX 90.30 ($1.14). GCP Infrastructure Investments shares last traded at GBX 90.30 ($1.14), with a volume of 1,320,376 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 19 ($0.24) price target on shares of GCP Infrastructure Investments in a research report on Monday, March 6th.

GCP Infrastructure Investments Trading Down 1.3 %

The company has a market cap of £797.79 million, a P/E ratio of 564.38 and a beta of 0.19. The company has a quick ratio of 131.52, a current ratio of 148.50 and a debt-to-equity ratio of 9.82. The business has a 50-day moving average price of GBX 90.37 and a two-hundred day moving average price of GBX 95.40.

GCP Infrastructure Investments Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, June 14th. Investors of record on Thursday, May 11th will be issued a GBX 1.75 ($0.02) dividend. The ex-dividend date is Thursday, May 11th. This represents a yield of 1.91%. GCP Infrastructure Investments’s dividend payout ratio is presently 4,375.00%.

GCP Infrastructure Investments Company Profile

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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.