GCP Infrastructure Investments (LON:GCP) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

GCP Infrastructure Investments Limited (LON:GCP) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 73.65 and traded as low as GBX 73.10. GCP Infrastructure Investments shares last traded at GBX 73.23, with a volume of 2,728,310 shares traded.

GCP Infrastructure Investments Stock Down 1.2%

The company has a quick ratio of 131.52, a current ratio of 0.09 and a debt-to-equity ratio of 2.27. The business has a 50-day simple moving average of GBX 75.48 and a 200-day simple moving average of GBX 73.65. The stock has a market cap of £609.94 million, a P/E ratio of 34.06 and a beta of 0.37.

Insider Buying and Selling at GCP Infrastructure Investments

In other news, insider Dawn Crichard bought 32,413 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were purchased at an average price of GBX 77 per share, for a total transaction of £24,958.01. Also, insider Heather Bestwick bought 20,000 shares of the company’s stock in a transaction that occurred on Friday, January 23rd. The stock was purchased at an average price of GBX 75 per share, for a total transaction of £15,000. 0.15% of the stock is currently owned by corporate insiders.

GCP Infrastructure Investments Company Profile

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.