BBGI Global Infrastructure (LON:BBGI) Share Price Passes Above 50 Day Moving Average of $129.22

BBGI Global Infrastructure (LON:BBGI)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 129.22 ($1.62) and traded as high as GBX 140.40 ($1.76). BBGI Global Infrastructure shares last traded at GBX 140.40 ($1.76), with a volume of 1,766,370 shares traded.

BBGI Global Infrastructure Stock Up 0.9 %

The company has a debt-to-equity ratio of 2.37, a quick ratio of 2.02 and a current ratio of 6.48. The company has a market capitalization of £1.01 billion, a PE ratio of 2,340.00 and a beta of 0.23. The company’s 50-day moving average is GBX 129.22 and its 200 day moving average is GBX 130.88.

BBGI Global Infrastructure Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, April 5th. Stockholders of record on Thursday, February 22nd were issued a dividend of GBX 3.97 ($0.05) per share. The ex-dividend date was Thursday, February 22nd. This represents a dividend yield of 3.22%. BBGI Global Infrastructure’s payout ratio is 13,333.33%.

Insider Activity at BBGI Global Infrastructure

In related news, insider June Aitken bought 11,500 shares of the business’s stock in a transaction on Thursday, April 4th. The stock was acquired at an average price of GBX 131 ($1.65) per share, with a total value of £15,065 ($18,925.88). In other news, insider June Aitken purchased 11,500 shares of the business’s stock in a transaction on Thursday, April 4th. The stock was acquired at an average cost of GBX 131 ($1.65) per share, for a total transaction of £15,065 ($18,925.88). Also, insider Andrew Sykes purchased 20,000 shares of BBGI Global Infrastructure stock in a transaction dated Tuesday, April 2nd. The shares were acquired at an average cost of GBX 130 ($1.63) per share, with a total value of £26,000 ($32,663.32). 0.41% of the stock is owned by insiders.

About BBGI Global Infrastructure

BBGI Global Infrastructure SA is an investment firm specializing in infrastructure investments in operational or near operational assets. It seeks to invest in Public Private Partnerships (PPP) and Private Finance Initiative (PFI) infrastructure assets. The firm typically invests in availability-based' projects including schools, hospitals, prisons, transportation, justice, education, healthcare , emergency services and certain roads infrastructures.