HICL Infrastructure (LON:HICL) Reaches New 52-Week Low – What’s Next?

HICL Infrastructure PLC (LON:HICLGet Free Report) hit a new 52-week low on Wednesday . The stock traded as low as GBX 115.60 ($1.48) and last traded at GBX 115.93 ($1.48), with a volume of 343908 shares. The stock had previously closed at GBX 116 ($1.48).

HICL Infrastructure Stock Down 0.1 %

The company has a fifty day moving average of GBX 123.54 and a two-hundred day moving average of GBX 125.32. The stock has a market capitalization of £2.34 billion, a price-to-earnings ratio of 5,800.00 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 given a GBX 2.06 ($0.03) dividend. This represents a yield of 1.72%. The ex-dividend date is Thursday, November 21st. HICL Infrastructure’s payout ratio is 40,000.00%.

About HICL Infrastructure

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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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