HICL Infrastructure (LON:HICL) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

HICL Infrastructure PLC (LON:HICL)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 123.08 ($1.53) and traded as low as GBX 109.80 ($1.37). HICL Infrastructure shares last traded at GBX 111.40 ($1.39), with a volume of 4,423,067 shares traded.

HICL Infrastructure Stock Performance

The firm has a market capitalization of £2.25 billion, a price-to-earnings ratio of 5,574.75 and a beta of 0.30. The firm’s 50-day moving average price is GBX 115.60 and its two-hundred day moving average price is GBX 123.08.

HICL Infrastructure (LON:HICL) last announced its quarterly earnings results on Wednesday, November 20th. The company reported GBX 2.20 ($0.03) EPS for the quarter. HICL Infrastructure had a net margin of 86.65% and a return on equity of 0.93%. As a group, equities research analysts anticipate 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. Shareholders of record on Thursday, November 21st were given a GBX 2.06 ($0.03) dividend. This represents a yield of 1.72%. The ex-dividend date was Thursday, November 21st. HICL Infrastructure’s dividend payout ratio (DPR) is 40,000.00%.

Insider Buying and Selling at HICL Infrastructure

In other HICL Infrastructure news, insider Rita Akushie purchased 10,018 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The shares were acquired at an average cost of GBX 115 ($1.43) per share, for a total transaction of £11,520.70 ($14,334.58). Also, insider Michael Bane acquired 45,000 shares of the business’s stock in a transaction on Friday, December 20th. The stock was acquired at an average price of GBX 115 ($1.43) per share, with a total value of £51,750 ($64,389.70). Company insiders own 0.20% of the company’s stock.

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.