Sequoia Economic Infrastructure (LON:SEQI) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Sequoia Economic Infrastructure Inc (LON:SEQI)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 78.73 ($0.98) and traded as low as GBX 77.20 ($0.96). Sequoia Economic Infrastructure shares last traded at GBX 77.70 ($0.97), with a volume of 1,670,668 shares changing hands.

Sequoia Economic Infrastructure Trading Down 0.4 %

The stock has a market cap of £1.30 billion and a PE ratio of -7,740.00. The business’s 50-day moving average price is GBX 78.60 and its 200-day moving average price is GBX 78.73.

Sequoia Economic Infrastructure (LON:SEQI) last released its quarterly earnings results on Thursday, December 5th. The company reported GBX 4.26 ($0.05) earnings per share (EPS) for the quarter.

Sequoia Economic Infrastructure Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, January 30th will be paid a GBX 1.72 ($0.02) dividend. This represents a yield of 2.18%. The ex-dividend date is Thursday, January 30th. Sequoia Economic Infrastructure’s dividend payout ratio (DPR) is presently -70,000.00%.

About Sequoia Economic Infrastructure

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.