HICL Infrastructure (LON:HICL) Stock Price Passes Below 200-Day Moving Average – Here’s Why

Shares of HICL Infrastructure PLC (LON:HICLGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 122.57 ($1.53) and traded as low as GBX 111.80 ($1.40). HICL Infrastructure shares last traded at GBX 112.40 ($1.41), with a volume of 12,333,437 shares.

HICL Infrastructure Stock Up 5.2 %

The stock has a fifty day moving average of GBX 114.72 and a two-hundred day moving average of GBX 122.57. The stock has a market cap of £2.39 billion, a price-to-earnings ratio of 5,910.20 and a beta of 0.30.

HICL Infrastructure (LON:HICLGet Free Report) last posted its quarterly earnings results on Wednesday, November 20th. The company reported GBX 2.20 ($0.03) earnings per share for the quarter. HICL Infrastructure had a net margin of 86.65% and a return on equity of 0.93%. On average, research analysts expect that HICL Infrastructure PLC will post 12.4000007 EPS for the current year.

HICL Infrastructure Dividend Announcement

The business also recently declared 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. The ex-dividend date was Thursday, November 21st. This represents a dividend yield of 1.72%. HICL Infrastructure’s payout ratio is 40,000.00%.

Insider Transactions at HICL Infrastructure

In other HICL Infrastructure news, insider Michael Bane acquired 45,000 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The shares were acquired at an average cost of GBX 115 ($1.44) per share, for a total transaction of £51,750 ($64,695.59). Also, insider Rita Akushie bought 10,018 shares of the company’s stock in a transaction on Monday, December 23rd. The shares were acquired at an average price of GBX 115 ($1.44) per share, with a total value of £11,520.70 ($14,402.68). Corporate insiders own 0.20% of the company’s stock.

About HICL Infrastructure

(Get Free Report)

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.

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