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Sequoia Economic Infrastructure (LON:SEQI) Share Price Crosses Above Fifty Day Moving Average - Time to Sell?

Sequoia Economic Infrastructure logo with background

Sequoia Economic Infrastructure Inc (LON:SEQI - Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 76.06 ($1.03) and traded as high as GBX 77.20 ($1.04). Sequoia Economic Infrastructure shares last traded at GBX 77 ($1.04), with a volume of 1,713,160 shares trading hands.

Sequoia Economic Infrastructure Stock Performance

The firm's 50 day simple moving average is GBX 76.02 and its 200-day simple moving average is GBX 77.15. The company has a market capitalization of £1.22 billion and a price-to-earnings ratio of -7,790.00.

About Sequoia Economic Infrastructure

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Sequoia Economic Infrastructure Income Fund Limited invests in a diversified portfolio of senior and subordinated economic infrastructure debt investments through its subsidiary Sequoia IDF Asset Holdings SA The Company operates through investment in senior and subordinated infrastructure debt instruments and related and/or similar assets segment.

Further Reading

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