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GCP Infrastructure Investments (LON:GCP) Stock Passes Above Two Hundred Day Moving Average - Here's Why

GCP Infrastructure Investments logo with Financial Services background

GCP Infrastructure Investments Limited (LON:GCP - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 72.22 ($0.99) and traded as high as GBX 74 ($1.02). GCP Infrastructure Investments shares last traded at GBX 73.30 ($1.01), with a volume of 2,908,651 shares changing hands.

GCP Infrastructure Investments Price Performance

The company has a 50-day moving average of GBX 72.01 and a two-hundred day moving average of GBX 72.22. The stock has a market capitalization of £657.89 million, a PE ratio of 42.19 and a beta of 0.34.

GCP Infrastructure Investments (LON:GCP - Get Free Report) last issued its quarterly earnings data on Thursday, June 12th. The company reported GBX 3.30 ($0.05) earnings per share (EPS) for the quarter. GCP Infrastructure Investments had a return on equity of 1.63% and a net margin of 20.96%. On average, research analysts forecast that GCP Infrastructure Investments Limited will post 8.2955771 EPS for the current fiscal year.

Insider Transactions at GCP Infrastructure Investments

In related 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 cost of GBX 71 ($0.97) per share, for a total transaction of £9,946.39 ($13,649.50). Company insiders own 0.33% of the company's stock.

About GCP Infrastructure Investments

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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