Sequoia Economic Infrastructure (LON:SEQI) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Shares of Sequoia Economic Infrastructure Inc (LON:SEQIGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 77.50 and traded as high as GBX 79.80. Sequoia Economic Infrastructure shares last traded at GBX 79.60, with a volume of 17,244,053 shares changing hands.

Sequoia Economic Infrastructure Price Performance

The business’s fifty day simple moving average is GBX 77.50 and its two-hundred day simple moving average is GBX 78.70. The company has a market cap of £1.22 billion and a PE ratio of 15.79.

Insider Activity at Sequoia Economic Infrastructure

In other Sequoia Economic Infrastructure news, insider James Stewart purchased 12,843 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The stock was purchased at an average price of GBX 78 per share, for a total transaction of £10,017.54. 0.07% of the stock is owned by company insiders.

Sequoia Economic Infrastructure Company Profile

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Sequoia Economic Infrastructure Income Fund Limited invests in a diversified portfolio of senior and subordinated economic infrastructure debt investments through its subsidiary Sequoia IDF Asset Holdings SA The Company operates through investment in senior and subordinated infrastructure debt instruments and related and/or similar assets segment.

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