Sequoia Economic Infrastructure (LON:SEQI) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

Sequoia Economic Infrastructure Inc (LON:SEQIGet Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 79.21 and traded as high as GBX 80.40. Sequoia Economic Infrastructure shares last traded at GBX 79.68, with a volume of 2,104,705 shares.

Sequoia Economic Infrastructure Stock Up 0.3%

The stock has a market capitalization of £1.19 billion and a P/E ratio of 15.89. The business has a fifty day moving average price of GBX 79.21 and a 200-day moving average price of GBX 78.72.

Sequoia Economic Infrastructure (LON:SEQIGet Free Report) last released its quarterly earnings data on Tuesday, December 2nd. The company reported GBX 4.40 EPS for the quarter.

Sequoia Economic Infrastructure Company Profile

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Sequoia Economic Infrastructure Income Fund Limited invests in a diversified portfolio of senior and subordinated economic infrastructure debt investments through its subsidiary Sequoia IDF Asset Holdings SA The Company operates through investment in senior and subordinated infrastructure debt instruments and related and/or similar assets segment. Its investment objective is to provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments.

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