BBGI Global Infrastructure (LON:BBGI) Shares Cross Below Fifty Day Moving Average – Here’s Why

Posted by Amy Steele on Nov 17th, 2024

Shares of BBGI Global Infrastructure (LON:BBGI – Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 128.73 ($1.62) and traded as low as GBX 123.60 ($1.56). BBGI Global Infrastructure shares last traded at GBX 125.20 ($1.58), with a volume of 1,388,282 shares trading hands.

BBGI Global Infrastructure Stock Performance

The firm has a market cap of £894.84 million, a price-to-earnings ratio of 1,565.00 and a beta of 0.23. The stock has a 50 day moving average of GBX 128.54 and a 200 day moving average of GBX 132.62. The company has a quick ratio of 2.02, a current ratio of 6.26 and a debt-to-equity ratio of 0.14.

BBGI Global Infrastructure Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, October 17th. Investors of record on Thursday, September 5th were paid a GBX 4.20 ($0.05) dividend. This represents a yield of 3.11%. The ex-dividend date was Thursday, September 5th. This is an increase from BBGI Global Infrastructure’s previous dividend of $3.97. BBGI Global Infrastructure’s payout ratio is 10,000.00%.

BBGI Global Infrastructure Company Profile

(Get Free Report)

BBGI Global Infrastructure SA is an investment firm specializing in infrastructure investments in operational or near operational assets. It seeks to invest in Public Private Partnerships (PPP) and Private Finance Initiative (PFI) infrastructure assets. The firm typically invests in availability-based' projects including schools, hospitals, prisons, transportation, justice, education, healthcare , emergency services and certain roads infrastructures.