HICL Infrastructure (LON:HICL) Sets New 1-Year Low – Here’s What Happened

HICL Infrastructure PLC (LON:HICL) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 112.40 ($1.38) and last traded at GBX 112.88 ($1.39), with a volume of 2308151 shares trading hands. The stock had previously closed at GBX 115.40 ($1.42).

HICL Infrastructure Stock Down 1.2 %

The stock has a market capitalization of £2.24 billion, a PE ratio of 5,540.00 and a beta of 0.30. The firm has a 50 day moving average price of GBX 118.85 and a 200 day moving average price of GBX 124.37.

HICL Infrastructure Dividend Announcement

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

Insider Buying and Selling at HICL Infrastructure

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

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.