HICL Infrastructure (LON:HICL) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

HICL Infrastructure PLC (LON:HICL)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 122.12 ($1.54) and traded as low as GBX 115.80 ($1.46). HICL Infrastructure shares last traded at GBX 116.40 ($1.47), with a volume of 2,974,326 shares.

HICL Infrastructure Trading Up 0.3 %

The stock’s 50 day moving average price is GBX 114.33 and its 200 day moving average price is GBX 122.07. The company has a market capitalization of £2.33 billion, a price-to-earnings ratio of 22.91 and a beta of 0.30.

HICL Infrastructure (LON:HICL) last issued its earnings results on Wednesday, November 20th. The company reported GBX 2.20 ($0.03) earnings per share (EPS) for the quarter. HICL Infrastructure had a net margin of 96.27% and a return on equity of 3.24%. On average, research analysts expect that HICL Infrastructure PLC will post 12.4000007 earnings per share for the current year.

Insider Buying and Selling at HICL Infrastructure

In related news, insider Rita Akushie acquired 10,018 shares of HICL Infrastructure stock in a transaction on Monday, December 23rd. The stock was purchased at an average cost of GBX 115 ($1.45) per share, with a total value of £11,520.70 ($14,500.57). Also, insider Michael Bane acquired 45,000 shares of HICL Infrastructure stock in a transaction on Friday, December 20th. The shares were bought at an average cost of GBX 115 ($1.45) per share, with a total value of £51,750 ($65,135.31). Corporate insiders own 0.20% of the company’s stock.

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.