HICL Infrastructure (LON:HICL) Stock Passes Below 200-Day Moving Average – What’s Next?

HICL Infrastructure PLC (LON:HICL) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 119.54 ($1.54) and traded as low as GBX 111.40 ($1.44). HICL Infrastructure shares last traded at GBX 112.20 ($1.45), with a volume of 6,079,255 shares traded.

HICL Infrastructure Price Performance

The stock has a 50 day simple moving average of GBX 111.99 and a two-hundred day simple moving average of GBX 119.44. The company has a market cap of £2.24 billion, a price-to-earnings ratio of 22.05 and a beta of 0.30.

Insider Activity at HICL Infrastructure

In other HICL Infrastructure news, insider Rita Akushie acquired 10,018 shares of the stock in a transaction dated Monday, December 23rd. The stock was acquired at an average cost of GBX 115 ($1.48) per share, with a total value of £11,520.70 ($14,875.02). Also, insider Simon Holden acquired 30,000 shares of the stock in a transaction dated Friday, March 7th. The shares were acquired at an average cost of GBX 109 ($1.41) per share, with a total value of £32,700 ($42,220.79). Company insiders own 0.20% of the company’s stock.

HICL Infrastructure Company Profile

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.