GCP Infrastructure Investments (LON:GCP) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

GCP Infrastructure Investments Limited (LON:GCP) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 75.02 and traded as high as GBX 79.50. GCP Infrastructure Investments shares last traded at GBX 78.80, with a volume of 8,583,696 shares traded.

GCP Infrastructure Investments Stock Down 0.3%

The company has a debt-to-equity ratio of 3.20, a current ratio of 3.21 and a quick ratio of 131.52. The stock has a market capitalization of £640.72 million, a PE ratio of 36.65 and a beta of 0.39. The company has a 50 day moving average price of GBX 75.88 and a 200-day moving average price of GBX 75.02.

GCP Infrastructure Investments (LON:GCP) last announced its quarterly earnings results on Thursday, June 4th. The company reported GBX 3.40 EPS for the quarter. The company had revenue of GBX 2,419 million during the quarter. GCP Infrastructure Investments had a return on equity of 2.19% and a net margin of 22.65%. As a group, analysts forecast that GCP Infrastructure Investments Limited will post 8.2955771 earnings per share for the current fiscal year.

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.