GCP Infrastructure Investments (LON:GCP) Shares Cross Below 200 Day Moving Average - Here's Why

GCP Infrastructure Investments Limited (LON:GCP - Get Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 72.49 ($0.96) and traded as low as GBX 70.85 ($0.94). GCP Infrastructure Investments shares last traded at GBX 71.80 ($0.95), with a volume of 1,069,364 shares.

GCP Infrastructure Investments Trading Down 1.0%

The stock has a market capitalization of £635.45 million, a P/E ratio of 40.75 and a beta of 0.34. The stock's fifty day moving average price is GBX 72.57 and its two-hundred day moving average price is GBX 72.40.

Insider Transactions at GCP Infrastructure Investments

In other news, insider Dawn Crichard purchased 14,009 shares of the stock in a transaction that occurred on Wednesday, April 9th. The stock was bought at an average cost of GBX 71 ($0.94) per share, for a total transaction of £9,946.39 ($13,216.04). Also, insider Ian Brown purchased 46,116 shares of the stock in a transaction that occurred on Wednesday, February 19th. The shares were purchased at an average price of GBX 76 ($1.01) per share, with a total value of £35,048.16 ($46,569.44). Company insiders own 0.33% of the company's stock.

About GCP Infrastructure Investments

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.