HICL Infrastructure (LON:HICL) Sets New 52-Week Low – Here’s What Happened

HICL Infrastructure PLC (LON:HICL) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 109.40 ($1.35) and last traded at GBX 109.80 ($1.35), with a volume of 3737234 shares. The stock had previously closed at GBX 110.20 ($1.36).

HICL Infrastructure Stock Performance

The stock has a market cap of £2.20 billion, a P/E ratio of 5,440.00 and a beta of 0.30. The stock has a 50-day moving average price of GBX 116.56 and a 200-day moving average price of GBX 123.49.

HICL Infrastructure (LON:HICL) last issued its quarterly earnings results on Wednesday, November 20th. The company reported GBX 2.20 ($0.03) EPS for the quarter. HICL Infrastructure had a net margin of 86.65% and a return on equity of 0.93%. Sell-side analysts forecast that HICL Infrastructure PLC will post 12.4000007 earnings per share for the current fiscal year.

HICL Infrastructure Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, November 21st were given a dividend of GBX 2.06 ($0.03) per share. This represents a yield of 1.72%. The ex-dividend date of this dividend was Thursday, November 21st. HICL Infrastructure’s payout ratio is currently 40,000.00%.

Insider Activity

In related news, insider Rita Akushie purchased 10,018 shares of the firm’s stock in a transaction on Monday, December 23rd. The shares were acquired at an average cost of GBX 115 ($1.42) per share, with a total value of £11,520.70 ($14,182.81). Also, insider Michael Bane bought 45,000 shares of the business’s stock in a transaction dated Friday, December 20th. The stock was purchased at an average price of GBX 115 ($1.42) per share, for a total transaction of £51,750 ($63,707.99). 0.20% of the stock is owned by corporate insiders.

HICL Infrastructure Company Profile

HICL is a UK-listed infrastructure investment company. We invest in infrastructure for local communities and to support the delivery of essential services, working in partnership with the public and private sectors.