Sequoia Economic Infrastructure (LON:SEQI) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Sequoia Economic Infrastructure Inc (LON:SEQIGet Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 78.94 ($0.96) and traded as low as GBX 77.50 ($0.94). Sequoia Economic Infrastructure shares last traded at GBX 77.50 ($0.94), with a volume of 8,505,209 shares.

Sequoia Economic Infrastructure Stock Performance

The firm’s 50 day simple moving average is GBX 78.02 and its 200-day simple moving average is GBX 78.93. The company has a market capitalization of £1.30 billion and a price-to-earnings ratio of -7,750.00.

About Sequoia Economic Infrastructure

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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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