HICL Infrastructure (LON:HICL) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

HICL Infrastructure PLC (LON:HICL) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 121.62 ($1.54) and traded as low as GBX 110.40 ($1.39). HICL Infrastructure shares last traded at GBX 110.60 ($1.40), with a volume of 3,649,037 shares traded.

HICL Infrastructure Trading Down 1.1 %

The company’s 50 day moving average price is GBX 113.98 and its two-hundred day moving average price is GBX 121.59. The firm has a market cap of £2.20 billion, a PE ratio of 21.70 and a beta of 0.30.

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

Insider Transactions at HICL Infrastructure

In other HICL Infrastructure news, insider Rita Akushie purchased 10,018 shares of the firm’s stock in a transaction on Monday, December 23rd. The shares were acquired at an average cost of GBX 115 ($1.45) per share, with a total value of £11,520.70 ($14,555.53). Also, insider Michael Bane acquired 45,000 shares of the company’s stock in a transaction dated Friday, December 20th. The stock was acquired at an average cost of GBX 115 ($1.45) per share, with a total value of £51,750 ($65,382.19). 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.