GCP Infrastructure Investments (LON:GCP) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

GCP Infrastructure Investments Limited (LON:GCP)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 74.15 ($0.96) and traded as high as GBX 75.90 ($0.98). GCP Infrastructure Investments shares last traded at GBX 74.20 ($0.96), with a volume of 3,012,418 shares traded.

GCP Infrastructure Investments Stock Up 1.1 %

The firm has a market capitalization of £665.96 million, a price-to-earnings ratio of 42.70 and a beta of 0.34. The stock has a 50 day moving average of GBX 72.73 and a 200 day moving average of GBX 74.15.

GCP Infrastructure Investments (LON:GCP) last issued its earnings results on Thursday, December 12th. The company reported GBX 7.09 ($0.09) EPS for the quarter. GCP Infrastructure Investments had a return on equity of 1.63% and a net margin of 20.96%. Analysts predict that GCP Infrastructure Investments Limited will post 8.2955771 earnings per share for the current year.

GCP Infrastructure Investments Announces Dividend

The business also recently announced a dividend, which will be paid on Tuesday, March 11th. Shareholders of record on Thursday, February 6th will be paid a GBX 1.75 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, February 6th. This represents a yield of 2.46%. GCP Infrastructure Investments’s payout ratio is currently 402.87%.

Insider Buying and Selling at GCP Infrastructure Investments

In other GCP Infrastructure Investments news, insider Ian Brown acquired 46,116 shares of GCP Infrastructure Investments stock in a transaction dated Wednesday, February 19th. The stock was acquired at an average cost of GBX 76 ($0.98) per share, for a total transaction of £35,048.16 ($45,287.71). Also, insider Andrew Didham acquired 5,727 shares of GCP Infrastructure Investments stock in a transaction dated Friday, December 13th. The shares were acquired at an average price of GBX 70 ($0.90) per share, with a total value of £4,008.90 ($5,180.13). 0.33% of the stock is currently owned by insiders.

GCP Infrastructure Investments Company Profile

GCP Infrastructure Investment Limited (GCP Infra) is a Jersey-incorporated, closed ended investment company whose shares are traded on the main market of the London Stock Exchange. Its objective is to provide shareholders with regular, sustained distributions and to preserve capital over the long term by generating exposure primarily to UK infrastructure debt and related and/or similar assets which provide regular and predictable long term cashflows.