HICL Infrastructure (LON:HICL) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

HICL Infrastructure PLC (LON:HICL) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 124.54 ($1.53) and traded as low as GBX 115.40 ($1.42). HICL Infrastructure shares last traded at GBX 115.40 ($1.42), with a volume of 2,196,938 shares changing hands.

HICL Infrastructure Trading Up 0.2 %

The company has a market cap of £2.27 billion, a P/E ratio of 5,610.00 and a beta of 0.30. The company has a 50-day simple moving average of GBX 118.85 and a 200 day simple moving average of GBX 124.37.

HICL Infrastructure Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, November 21st were issued a GBX 2.06 ($0.03) dividend. This represents a dividend yield of 1.72%. The ex-dividend date was Thursday, November 21st. HICL Infrastructure’s payout ratio is presently 40,000.00%.

Insider Activity at HICL Infrastructure

In other news, insider Rita Akushie purchased 10,018 shares of the company’s stock in a transaction dated Monday, December 23rd. The shares were acquired at an average price of GBX 115 ($1.42) per share, with a total value of £11,520.70 ($14,175.83). Also, insider Michael Bane acquired 45,000 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was purchased at an average price of GBX 115 ($1.42) per share, with a total value of £51,750 ($63,676.63). 0.20% of the stock is currently owned by company insiders.

About HICL Infrastructure

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.