HICL Infrastructure (LON:HICL) Reaches New 12-Month Low – Should You Sell?

Shares of HICL Infrastructure PLC (LON:HICLGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 117.60 ($1.50) and last traded at GBX 117.70 ($1.50), with a volume of 707346 shares changing hands. The stock had previously closed at GBX 118.20 ($1.51).

HICL Infrastructure Trading Down 0.7 %

The firm has a market cap of £2.38 billion, a PE ratio of 5,900.00 and a beta of 0.30. The business has a fifty day moving average price of GBX 124.16 and a 200 day moving average price of GBX 125.44.

HICL Infrastructure Dividend Announcement

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

HICL Infrastructure Company Profile

(Get Free Report)

HICL Infrastructure PLC specializes in direct and fund of funds investments. For direct investments, it seeks to invest in infrastructure projects. It invests in project companies which have not yet completed the construction phases of their concessions including project companies which are in the process of bidding for project concessions.

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