GCP Infrastructure Investments (LON:GCP) Shares Cross Above Two Hundred Day Moving Average of $69.38

GCP Infrastructure Investments Limited (LON:GCP) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 69.38 ($0.86) and traded as high as GBX 71.90 ($0.90). GCP Infrastructure Investments shares last traded at GBX 71.70 ($0.89), with a volume of 591,067 shares trading hands.

GCP Infrastructure Investments Price Performance

The stock’s 50-day moving average price is GBX 71.78 and its 200 day moving average price is GBX 69.38. The firm has a market cap of £622.22 million, a price-to-earnings ratio of 2,390.00 and a beta of 0.34. The company has a quick ratio of 131.52, a current ratio of 262.91 and a debt-to-equity ratio of 10.84.

GCP Infrastructure Investments Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, March 8th. Investors of record on Thursday, February 8th were given a GBX 1.75 ($0.02) dividend. This represents a yield of 2.41%. The ex-dividend date was Thursday, February 8th. GCP Infrastructure Investments’s dividend payout ratio (DPR) is presently 23,333.33%.

About GCP Infrastructure Investments

GCP Infrastructure Investments Limited focuses on investing in the United Kingdom infrastructure debt. The company makes infrastructure investments through acquiring interests in debt instruments issued by infrastructure project companies. It primarily invests in senior and subordinated debt instruments.