HICL Infrastructure (LON:HICL) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

HICL Infrastructure PLC (LON:HICL) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 118.52 and traded as low as GBX 116.80. HICL Infrastructure shares last traded at GBX 119.14, with a volume of 3,144,160 shares trading hands.

HICL Infrastructure Price Performance

The stock has a market cap of £2.26 billion, a price-to-earnings ratio of 19.10 and a beta of 0.30. The company’s fifty day simple moving average is GBX 117.33 and its two-hundred day simple moving average is GBX 118.52.

HICL Infrastructure (LON:HICL) last posted its earnings results on Wednesday, November 19th. The company reported GBX 6.10 earnings per share for the quarter. HICL Infrastructure had a net margin of 96.27% and a return on equity of 3.24%. On average, analysts forecast that HICL Infrastructure PLC will post 12.4000007 earnings per share for the current year.

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.