Sequoia Economic Infrastructure (LON:SEQI) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Sequoia Economic Infrastructure Inc (LON:SEQIGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 76.15 ($1.01) and traded as high as GBX 77.10 ($1.02). Sequoia Economic Infrastructure shares last traded at GBX 75.70 ($1.00), with a volume of 3,470,653 shares trading hands.

Sequoia Economic Infrastructure Price Performance

The company’s 50 day moving average is GBX 76.15 and its 200 day moving average is GBX 77.09. The stock has a market cap of £1.20 billion and a price-to-earnings ratio of -7,606.00.

About Sequoia Economic Infrastructure

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Sequoia Economic Infrastructure Income Fund Limited invests in a diversified portfolio of senior and subordinated economic infrastructure debt investments through its subsidiary Sequoia IDF Asset Holdings SA The Company operates through investment in senior and subordinated infrastructure debt instruments and related and/or similar assets segment.

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