GCP Infrastructure Investments (LON:GCP) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

GCP Infrastructure Investments Limited (LON:GCP - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 72.70 ($0.97) and traded as high as GBX 74.10 ($0.99). GCP Infrastructure Investments shares last traded at GBX 73.20 ($0.98), with a volume of 818,009 shares traded.

GCP Infrastructure Investments Price Performance

The stock's fifty day simple moving average is GBX 72.93 and its 200-day simple moving average is GBX 72.56. The stock has a market cap of £641.73 million, a P/E ratio of 41.15 and a beta of 0.34.

Insider Transactions at GCP Infrastructure Investments

In other news, insider Dawn Crichard purchased 14,009 shares of the company's stock in a transaction on Wednesday, April 9th. The shares were bought at an average price of GBX 71 ($0.95) per share, for a total transaction of £9,946.39 ($13,253.02). Also, insider Ian Brown acquired 46,116 shares of the firm's stock in a transaction that occurred on Wednesday, February 19th. The stock was acquired at an average cost of GBX 76 ($1.01) per share, with a total value of £35,048.16 ($46,699.75). Insiders own 0.33% of the company's stock.

GCP Infrastructure Investments Company Profile

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.