BBGI Global Infrastructure (LON:BBGI) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Shares of BBGI Global Infrastructure (LON:BBGI) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 128.73 ($1.62) and traded as low as GBX 123.60 ($1.56). BBGI Global Infrastructure shares last traded at GBX 125.20 ($1.58), with a volume of 1,388,282 shares.

BBGI Global Infrastructure Stock Performance

The company has a quick ratio of 2.02, a current ratio of 6.26 and a debt-to-equity ratio of 0.14. The stock has a fifty day moving average of GBX 128.73 and a 200-day moving average of GBX 132.69. The stock has a market cap of £894.84 million, a PE ratio of 1,565.00 and a beta of 0.23.

BBGI Global Infrastructure Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, October 17th. Investors of record on Thursday, September 5th were issued a dividend of GBX 4.20 ($0.05) per share. The ex-dividend date was Thursday, September 5th. This represents a dividend yield of 3.11%. This is a positive change from BBGI Global Infrastructure’s previous dividend of $3.97. BBGI Global Infrastructure’s dividend payout ratio (DPR) is currently 10,000.00%.

BBGI Global Infrastructure Company Profile

BBGI Global Infrastructure SA is an investment firm specializing in infrastructure investments in operational or near operational assets. It seeks to invest in Public Private Partnerships (PPP) and Private Finance Initiative (PFI) infrastructure assets. The firm typically invests in availability-based' projects including schools, hospitals, prisons, transportation, justice, education, healthcare , emergency services and certain roads infrastructures.