Pantheon Infrastructure (LON:PINT) Trading 0.5% Higher - Here's What Happened

Key Points

• Pantheon Infrastructure's stock increased by 0.5% on Tuesday, trading at GBX 107.50 ($1.45) after declining 47% in trading volume compared to average daily trading.
• The company has a market cap of £497.85 million and a price-to-earnings ratio of 6.42.
• Insider purchases occurred recently, with notable transactions including 49,255 shares bought by Sapna Shah and 50,000 shares by Anthony Bickerstaff, indicating confidence in the company's stock.

Shares of Pantheon Infrastructure (LON:PINT - Get Free Report) were up 0.5% during mid-day trading on Tuesday . The stock traded as high as GBX 108 ($1.46) and last traded at GBX 107.50 ($1.46). Approximately 452,470 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 849,191 shares. The stock had previously closed at GBX 107 ($1.45).

Pantheon Infrastructure Price Performance

The firm has a market cap of £488.41 million, a price-to-earnings ratio of 6.30 and a beta of 0.10. The firm's fifty day moving average is GBX 103.43 and its 200-day moving average is GBX 98.09.

Insider Buying and Selling at Pantheon Infrastructure

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 ($1.37) per share, for a total transaction of £50,500 ($68,446.73). 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 ($1.36) per share, for a total transaction of £49,255 ($66,759.28). 0.28% of the stock is owned by 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.