HICL Infrastructure (LON:HICL) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Shares of HICL Infrastructure PLC (LON:HICL) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 124.06 ($1.51) and traded as low as GBX 110.66 ($1.35). HICL Infrastructure shares last traded at GBX 111.40 ($1.36), with a volume of 7,130,739 shares traded.

HICL Infrastructure Price Performance

The firm has a market capitalization of £2.26 billion, a PE ratio of 5,600.00 and a beta of 0.30. The business’s 50 day moving average is GBX 117.43 and its two-hundred day moving average is GBX 123.80.

HICL Infrastructure Dividend Announcement

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

Insider Transactions at HICL Infrastructure

In other news, insider Rita Akushie acquired 10,018 shares of HICL Infrastructure stock in a transaction dated Monday, December 23rd. The shares were purchased at an average cost of GBX 115 ($1.40) per share, for a total transaction of £11,520.70 ($14,017.16). Also, insider Michael Bane acquired 45,000 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The shares were purchased at an average cost of GBX 115 ($1.40) per share, for a total transaction of £51,750 ($62,963.86). 0.20% of the stock is currently owned by insiders.

About HICL Infrastructure

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.