Pantheon Infrastructure (LON:PINT) Share Price Breaks Below 200 Day Moving Average – Here’s Why

Shares of Pantheon Infrastructure (LON:PINT) crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 114.74 and traded as low as GBX 114.20. Pantheon Infrastructure shares last traded at GBX 114.20, with a volume of 1,726,478 shares.

Pantheon Infrastructure Price Performance

The company has a market capitalization of £535.17 million, a PE ratio of 20.58 and a beta of 0.42. The stock has a 50-day simple moving average of GBX 115.02 and a 200 day simple moving average of GBX 114.74.

Pantheon Infrastructure (LON:PINT) last announced its quarterly earnings results on Wednesday, September 23rd. The company reported GBX (0.48) earnings per share for the quarter. Pantheon Infrastructure had a net margin of 82.21% and a return on equity of 15.26%.

Pantheon Infrastructure Company Profile

Pantheon Infrastructure Plc aims to provide exposure to a global, diversified portfolio of high-quality, infrastructure assets. We will seek to build a portfolio of co-investments in infrastructure assets with strong defensive characteristics, typically benefitting from contracted cash flows, inflation protection and conservative leverage profiles.
Target assets will have strong environmental, social and governance (ESG) credentials, including companies and projects that can support the transition to a low-carbon economy, and the portfolio will span the digital infrastructure, power and utilities, transportation and logistics, renewables and social investments sub-sectors, with a focus on assets benefitting from secular tailwinds.