3i Infrastructure (LON:3IN) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

3i Infrastructure plc (LON:3IN) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 332.87 ($4.18) and traded as low as GBX 315 ($3.96). 3i Infrastructure shares last traded at GBX 320 ($4.02), with a volume of 2,311,834 shares trading hands.

3i Infrastructure Trading Up 0.5 %

The company has a current ratio of 0.85, a quick ratio of 0.57 and a debt-to-equity ratio of 15.26. The firm has a market capitalization of £2.97 billion, a P/E ratio of 846.05 and a beta of 0.50. The business has a 50 day moving average of GBX 325.59 and a 200-day moving average of GBX 332.74.

3i Infrastructure Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, January 13th. Stockholders of record on Thursday, November 21st will be given a dividend of GBX 6.33 ($0.08) per share. This is an increase from 3i Infrastructure’s previous dividend of $5.95. The ex-dividend date is Thursday, November 21st. This represents a dividend yield of 1.88%. 3i Infrastructure’s dividend payout ratio is currently 3,157.89%.

Insider Activity at 3i Infrastructure

In other news, insider Douglas Bannister acquired 6,115 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The stock was acquired at an average cost of GBX 327 ($4.11) per share, for a total transaction of £19,996.05 ($25,130.14). Also, insider Martin Magee bought 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The stock was purchased at an average cost of GBX 336 ($4.22) per share, for a total transaction of £10,080 ($12,668.09). 0.01% of the stock is currently owned by insiders.

3i Infrastructure Company Profile

3i Infrastructure plc is an investment firm specializing in infrastructure investments. The firm invests in early stage assets, mature assets, middle markets, mid venture, acquisitions, and projects and privatizations undergoing a period of operational ramp-up. It may invest in junior or mezzanine debt in infrastructure businesses or assets.