Sequoia Economic Infrastructure (LON:SEQI) Stock Passes Below 200-Day Moving Average – Time to Sell?

Shares of Sequoia Economic Infrastructure Inc (LON:SEQIGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 78.94 ($0.96) and traded as low as GBX 77.50 ($0.94). Sequoia Economic Infrastructure shares last traded at GBX 77.50 ($0.94), with a volume of 8,505,209 shares trading hands.

Sequoia Economic Infrastructure Stock Performance

The firm’s 50-day simple moving average is GBX 78.02 and its 200 day simple moving average is GBX 78.94. The stock has a market capitalization of £1.30 billion and a P/E ratio of -7,750.00.

Sequoia Economic Infrastructure Company Profile

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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.

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