GCP Infrastructure Investments (LON:GCP) Share Price Passes Above 200-Day Moving Average – Should You Sell?

GCP Infrastructure Investments Limited (LON:GCP) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 74.41 ($0.94) and traded as high as GBX 75.50 ($0.95). GCP Infrastructure Investments shares last traded at GBX 74 ($0.93), with a volume of 874,382 shares changing hands.

GCP Infrastructure Investments Price Performance

The company has a market cap of £670.45 million, a PE ratio of 42.99 and a beta of 0.34. The company’s 50 day simple moving average is GBX 72.29 and its two-hundred day simple moving average is GBX 74.41.

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

GCP Infrastructure Investments Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, March 11th. Investors of record on Thursday, February 6th will be issued a GBX 1.75 ($0.02) dividend. The ex-dividend date is Thursday, February 6th. This represents a dividend yield of 2.46%. GCP Infrastructure Investments’s dividend payout ratio is presently 402.87%.

Insider Buying and Selling

In related news, insider Andrew Didham bought 5,727 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average cost of GBX 70 ($0.88) per share, for a total transaction of £4,008.90 ($5,052.81). Also, insider Ian Brown acquired 46,116 shares of the stock in a transaction dated Wednesday, February 19th. The shares were bought at an average cost of GBX 76 ($0.96) per share, with a total value of £35,048.16 ($44,174.64). 0.33% of the stock is owned by corporate insiders.

About GCP Infrastructure Investments

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.