HICL Infrastructure (LON:HICL) Hits New 12-Month Low – Time to Sell?

HICL Infrastructure PLC (LON:HICL)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 112.40 ($1.38) and last traded at GBX 112.88 ($1.39), with a volume of 2308151 shares traded. The stock had previously closed at GBX 115.40 ($1.42).

HICL Infrastructure Trading Down 1.2 %

The company has a market cap of £2.24 billion, a P/E ratio of 5,540.00 and a beta of 0.30. The firm has a 50 day moving average of GBX 118.85 and a 200-day moving average of GBX 124.37.

HICL Infrastructure Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, November 21st were given a dividend of GBX 2.06 ($0.03) per share. The ex-dividend date was Thursday, November 21st. This represents a dividend yield of 1.72%. HICL Infrastructure’s dividend payout ratio is 40,000.00%.

Insider Activity at HICL Infrastructure

In other HICL Infrastructure news, insider Michael Bane bought 45,000 shares of the firm’s stock in a transaction dated Friday, December 20th. The stock was acquired at an average cost of GBX 115 ($1.42) per share, for a total transaction of £51,750 ($63,676.63). Also, insider Rita Akushie acquired 10,018 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The shares were bought at an average price of GBX 115 ($1.42) per share, with a total value of £11,520.70 ($14,175.83). 0.20% of the stock is currently owned by corporate insiders.

About HICL Infrastructure

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.