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Sequoia Economic Infrastructure (LON:SEQI) Stock Price Crosses Above 50 Day Moving Average - Here's Why

Sequoia Economic Infrastructure logo with background

Shares of Sequoia Economic Infrastructure Inc (LON:SEQI - Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 76.22 ($1.03) and traded as high as GBX 79.80 ($1.07). Sequoia Economic Infrastructure shares last traded at GBX 79 ($1.06), with a volume of 2,166,388 shares trading hands.

Sequoia Economic Infrastructure Trading Up 0.4%

The business's 50 day simple moving average is GBX 76.22 and its 200 day simple moving average is GBX 77.21. The firm has a market capitalization of £1.25 billion and a PE ratio of -7,930.00.

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.

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