BBGI Global Infrastructure (LON:BBGI) Shares Cross Below 50 Day Moving Average – Here’s What Happened

BBGI Global Infrastructure (LON:BBGI) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 128.73 ($1.62) and traded as low as GBX 123.60 ($1.56). BBGI Global Infrastructure shares last traded at GBX 125.20 ($1.58), with a volume of 1,388,282 shares changing hands.

BBGI Global Infrastructure Stock Up 0.8 %

The company has a current ratio of 6.26, a quick ratio of 2.02 and a debt-to-equity ratio of 0.14. The stock’s 50-day moving average is GBX 128.73 and its 200-day moving average is GBX 132.69. The stock has a market cap of £894.84 million, a P/E ratio of 1,565.00 and a beta of 0.23.

BBGI Global Infrastructure Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, October 17th. Investors of record on Thursday, September 5th were given a GBX 4.20 ($0.05) dividend. This represents a yield of 3.11%. This is a positive change from BBGI Global Infrastructure’s previous dividend of $3.97. The ex-dividend date was Thursday, September 5th. BBGI Global Infrastructure’s dividend payout ratio is presently 10,000.00%.

About BBGI Global Infrastructure

BBGI Global Infrastructure SA is an investment firm specializing in infrastructure investments in operational or near operational assets. It seeks to invest in Public Private Partnerships (PPP) and Private Finance Initiative (PFI) infrastructure assets. The firm typically invests in availability-based' projects including schools, hospitals, prisons, transportation, justice, education, healthcare , emergency services and certain roads infrastructures.