GCP Infrastructure Investments (LON:GCP) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

GCP Infrastructure Investments Limited (LON:GCP) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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 Price Performance

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 firm’s fifty day moving average is GBX 72.66 and its 200 day moving average is GBX 74.15.

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

GCP Infrastructure Investments Announces Dividend

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

Insider Activity at GCP Infrastructure Investments

In related news, insider Ian Brown bought 46,116 shares of the business’s stock in a transaction on Wednesday, February 19th. The shares were purchased at an average price of GBX 76 ($0.98) per share, for a total transaction of £35,048.16 ($45,299.42). Also, insider Andrew Didham purchased 5,727 shares of the stock in a transaction dated Friday, December 13th. The shares were bought at an average price of GBX 70 ($0.90) per share, with a total value of £4,008.90 ($5,181.47). 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.