Sequoia Economic Infrastructure (LON:SEQI) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Shares of Sequoia Economic Infrastructure Inc (LON:SEQI) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 78.30 ($0.98) and traded as low as GBX 77.50 ($0.97). Sequoia Economic Infrastructure shares last traded at GBX 77.80 ($0.98), with a volume of 2,228,633 shares changing hands.

Sequoia Economic Infrastructure Stock Performance

The business has a 50 day moving average price of GBX 77.83 and a 200-day moving average price of GBX 78.30. The company has a market capitalization of £1.22 billion and a price-to-earnings ratio of -7,780.00.

Sequoia Economic Infrastructure (LON:SEQI) last posted its quarterly earnings results on Thursday, December 5th. The company reported GBX 4.26 ($0.05) EPS for the quarter.

Sequoia Economic Infrastructure Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, January 30th were given a dividend of GBX 1.72 ($0.02) per share. This represents a dividend yield of 2.18%. The ex-dividend date was Thursday, January 30th. Sequoia Economic Infrastructure’s payout ratio is presently -70,000.00%.

Sequoia Economic Infrastructure Company Profile

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.