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HICL Infrastructure (LON:HICL) Share Price Passes Below 200-Day Moving Average - What's Next?

HICL Infrastructure logo with Financial Services background

HICL Infrastructure PLC (LON:HICL - Get Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 117.11 ($1.56) and traded as low as GBX 110.20 ($1.47). HICL Infrastructure shares last traded at GBX 112.40 ($1.49), with a volume of 3,333,538 shares.

HICL Infrastructure Stock Performance

The firm has a 50 day simple moving average of GBX 111.47 and a 200 day simple moving average of GBX 116.55. The firm has a market cap of £2.29 billion, a P/E ratio of 22.52 and a beta of 0.30.

Insider Activity at HICL Infrastructure

In related news, insider Simon Holden bought 30,000 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were acquired at an average cost of GBX 109 ($1.45) per share, with a total value of £32,700 ($43,478.26). 0.20% of the stock is owned by corporate insiders.

About HICL Infrastructure

(Get Free Report)

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.

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