GCP Infrastructure Investments (LON:GCP) Share Price Passes Below Two Hundred Day Moving Average of $95.01

GCP Infrastructure Investments Limited (LON:GCP – Get Rating)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 95.01 ($1.18) and traded as low as GBX 87.10 ($1.08). GCP Infrastructure Investments shares last traded at GBX 87.40 ($1.09), with a volume of 1,044,571 shares.

Analysts Set New Price Targets

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

GCP Infrastructure Investments Price Performance

The business’s 50 day moving average is GBX 89.89 and its two-hundred day moving average is GBX 95.01. The firm has a market cap of £770.02 million, a P/E ratio of 546.25 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.

GCP Infrastructure Investments Announces Dividend

The company also recently announced a dividend, which will be paid on Wednesday, June 14th. Investors of record on Thursday, May 11th will be paid a dividend of GBX 1.75 ($0.02) per share. This represents a yield of 1.91%. The ex-dividend date of this dividend is Thursday, May 11th. 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.