HICL Infrastructure (LON:HICL) Reaches New 1-Year Low – Here’s Why

HICL Infrastructure PLC (LON:HICL)’s share price hit a new 52-week low during trading on Monday . The company traded as low as GBX 117.80 ($1.49) and last traded at GBX 119 ($1.51), with a volume of 26368289 shares trading hands. The stock had previously closed at GBX 117.80 ($1.49).

HICL Infrastructure Price Performance

The firm has a fifty day simple moving average of GBX 125.95 and a 200-day simple moving average of GBX 125.75. The firm has a market cap of £2.40 billion, a P/E ratio of 5,997.50 and a beta of 0.30.

HICL Infrastructure Dividend Announcement

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

Insider Activity

In related news, insider Rita Akushie bought 1,195 shares of the business’s stock in a transaction that occurred on Friday, August 30th. The shares were bought at an average price of GBX 127 ($1.61) per share, with a total value of £1,517.65 ($1,924.00). Corporate insiders own 0.20% of the company’s stock.

About HICL Infrastructure

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.