Sequoia Economic Infrastructure (LON:SEQI) Stock Passes Below 200 Day Moving Average – Here’s Why

Shares of Sequoia Economic Infrastructure Inc (LON:SEQIGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 78.94 ($0.96) and traded as low as GBX 77.50 ($0.94). Sequoia Economic Infrastructure shares last traded at GBX 77.50 ($0.94), with a volume of 8,505,209 shares changing hands.

Sequoia Economic Infrastructure Stock Down 1.9 %

The stock has a market capitalization of £1.30 billion and a P/E ratio of -7,750.00. The company has a 50 day moving average of GBX 78.02 and a 200-day moving average of GBX 78.93.

Sequoia Economic Infrastructure Company Profile

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Sequoia Economic Infrastructure Income Fund Limited invests in a diversified portfolio of senior and subordinated economic infrastructure debt investments through its subsidiary Sequoia IDF Asset Holdings SA The Company operates through investment in senior and subordinated infrastructure debt instruments and related and/or similar assets segment.

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