GCP Infrastructure Investments (LON:GCP) Share Price Passes Above 200 Day Moving Average – What’s Next?

GCP Infrastructure Investments Limited (LON:GCP) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 74.78 and traded as high as GBX 79.10. GCP Infrastructure Investments shares last traded at GBX 78.70, with a volume of 1,401,458 shares changing hands.

GCP Infrastructure Investments Stock Down 0.1%

The firm has a market capitalization of £639.23 million, a P/E ratio of 36.57 and a beta of 0.82. The firm’s 50 day moving average is GBX 75.57 and its two-hundred day moving average is GBX 74.81. The company has a debt-to-equity ratio of 3.20, a current ratio of 3.21 and a quick ratio of 131.52.

GCP Infrastructure Investments (LON:GCP) last posted its quarterly earnings results on Thursday, June 4th. The company reported GBX 3.40 earnings per share (EPS) for the quarter. The firm had revenue of GBX 2,419 million for the quarter. GCP Infrastructure Investments had a net margin of 22.65% and a return on equity of 2.19%. Research analysts predict that GCP Infrastructure Investments Limited will post 8.2955771 EPS for the current year.

GCP Infrastructure Investments Company Profile

GCP Infrastructure Investment Limited (GCP Infra) is a Jersey-incorporated, closed ended investment company whose shares are traded on the main market of the London Stock Exchange. Its objective is to provide shareholders with regular, sustained distributions and to preserve capital over the long term by generating exposure primarily to UK infrastructure debt and related and/or similar assets which provide regular and predictable long term cashflows.

GCP Infra primarily targets investments in infrastructure projects with long term, public sector-backed, availability-based revenues.