Sequoia Economic Infrastructure (LON:SEQI) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of Sequoia Economic Infrastructure Inc (LON:SEQI) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 78.94 ($0.97) and traded as low as GBX 76.50 ($0.94). Sequoia Economic Infrastructure shares last traded at GBX 77.70 ($0.96), with a volume of 2,123,828 shares.

Sequoia Economic Infrastructure Trading Up 0.4 %

The firm has a 50-day moving average of GBX 77.62 and a 200 day moving average of GBX 78.94. The stock has a market capitalization of £1.31 billion and a price-to-earnings ratio of -7,800.00.

Sequoia Economic Infrastructure Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, October 24th were paid a dividend of GBX 1.72 ($0.02) per share. This represents a dividend yield of 2.22%. The ex-dividend date of this dividend was Thursday, October 24th. Sequoia Economic Infrastructure’s dividend payout ratio is currently -70,000.00%.

About Sequoia Economic Infrastructure

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.