Pantheon Infrastructure (LON:PINT) Sets New 52-Week High - Time to Buy?

Key Points

• Pantheon Infrastructure reached a new 52-week high, trading at GBX 109.50 ($1.47) during mid-day trading, with a market cap of £516.72 million.
• Insiders have been active, with Sapna Shah purchasing 49,255 shares and Anthony Bickerstaff buying 50,000 shares, indicating confidence in the stock.
• The company focuses on investing in a globally diversified portfolio of infrastructure assets with a strong emphasis on environmental, social, and governance (ESG) criteria.

Pantheon Infrastructure (LON:PINT - Get Free Report) hit a new 52-week high on Friday . The stock traded as high as GBX 109.50 ($1.47) and last traded at GBX 109.50 ($1.47), with a volume of 278220 shares changing hands. The stock had previously closed at GBX 106.50 ($1.43).

Pantheon Infrastructure Price Performance

The firm's fifty day moving average price is GBX 103.40 and its two-hundred day moving average price is GBX 97.80. The stock has a market cap of £504.93 million, a price-to-earnings ratio of 6.51 and a beta of 0.10.

Insider Activity

In related news, insider Anthony Bickerstaff acquired 50,000 shares of the company's stock in a transaction dated Tuesday, July 8th. The shares were purchased at an average price of GBX 101 ($1.36) per share, for a total transaction of £50,500 ($67,830.76). Also, insider Sapna Shah acquired 49,255 shares of the company's stock in a transaction dated Monday, July 21st. The shares were bought at an average price of GBX 100 ($1.34) per share, for a total transaction of £49,255 ($66,158.50). 0.28% of the stock is currently owned by corporate insiders.

About Pantheon Infrastructure

Pantheon Infrastructure Plc aims to provide exposure to a global, diversified portfolio of high-quality, infrastructure assets. We will seek to build a portfolio of co-investments in infrastructure assets with strong defensive characteristics, typically benefitting from contracted cash flows, inflation protection and conservative leverage profiles. Target assets will have strong environmental, social and governance (ESG) credentials, including companies and projects that can support the transition to a low-carbon economy, and the portfolio will span the digital infrastructure, power and utilities, transportation and logistics, renewables and social investments sub-sectors, with a focus on assets benefitting from secular tailwinds.