GCP Infrastructure Investments (LON:GCP) Shares Cross Below 200 Day Moving Average – What’s Next?

GCP Infrastructure Investments Limited (LON:GCPGet Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 73.72 and traded as low as GBX 72.60. GCP Infrastructure Investments shares last traded at GBX 73.40, with a volume of 450,576 shares traded.

GCP Infrastructure Investments Price Performance

The company has a fifty day moving average price of GBX 72.22 and a two-hundred day moving average price of GBX 73.72. The firm has a market cap of £613.09 million, a price-to-earnings ratio of 63.83 and a beta of 0.34.

GCP Infrastructure Investments (LON:GCPGet Free Report) last issued its quarterly earnings results on Thursday, December 11th. The company reported GBX 6.73 EPS for the quarter. GCP Infrastructure Investments had a net margin of 20.96% and a return on equity of 1.63%. On average, research analysts expect that GCP Infrastructure Investments Limited will post 8.2955771 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other GCP Infrastructure Investments news, insider Andrew Didham purchased 27,601 shares of the firm’s stock in a transaction on Thursday, November 6th. The shares were purchased at an average price of GBX 72 per share, for a total transaction of £19,872.72. Insiders own 0.14% of the company’s stock.

GCP Infrastructure Investments Company Profile

(Get Free Report)

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.

GCP Infra primarily targets investments in infrastructure projects with long term, public sector-backed, availability-based revenues.

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