HICL Infrastructure (LON:HICL) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

HICL Infrastructure PLC (LON:HICLGet Free Report)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 114.80 ($1.54) and traded as low as GBX 114.20 ($1.53). HICL Infrastructure shares last traded at GBX 115 ($1.54), with a volume of 4,098,336 shares.

HICL Infrastructure Stock Performance

The business has a 50-day simple moving average of GBX 113.06 and a two-hundred day simple moving average of GBX 114.80. The stock has a market cap of £2.29 billion, a price-to-earnings ratio of 22.55 and a beta of 0.30.

Insiders Place Their Bets

In related news, insider Simon Holden acquired 30,000 shares of the business’s stock in a transaction dated Friday, March 7th. The stock was bought at an average price of GBX 109 ($1.46) per share, with a total value of £32,700 ($43,792.69). Insiders own 0.20% of the company’s stock.

HICL Infrastructure Company Profile

(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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