HICL Infrastructure (LON:HICL) Shares Pass Below 200-Day Moving Average of $127.87

HICL Infrastructure PLC (LON:HICL)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 127.87 ($1.62) and traded as low as GBX 123.60 ($1.56). HICL Infrastructure shares last traded at GBX 125.20 ($1.58), with a volume of 4,428,062 shares trading hands.

HICL Infrastructure Trading Down 0.2 %

The firm has a market cap of £2.55 billion, a price-to-earnings ratio of 1,258.00 and a beta of 0.28. The stock has a 50-day moving average of GBX 125.20 and a two-hundred day moving average of GBX 127.84.

HICL Infrastructure Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, March 28th. Stockholders of record on Thursday, February 29th will be paid a dividend of GBX 2.06 ($0.03) per share. This represents a dividend yield of 1.69%. The ex-dividend date is Thursday, February 29th. HICL Infrastructure’s dividend payout ratio (DPR) is presently 8,000.00%.

Insider Transactions at HICL Infrastructure

In related news, insider Michael Bane bought 24,100 shares of HICL Infrastructure stock in a transaction that occurred on Monday, March 25th. The stock was purchased at an average cost of GBX 125 ($1.58) per share, for a total transaction of £30,125 ($38,070.26). Company insiders own 0.22% of the company’s stock.

About HICL Infrastructure

HICL Infrastructure PLC specializes in direct and fund of funds investments. For direct investments, it seeks to invest in infrastructure projects. It invests in project companies which have not yet completed the construction phases of their concessions including project companies which are in the process of bidding for project concessions.