Sequoia Economic Infrastructure (LON:SEQI) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Sequoia Economic Infrastructure Inc (LON:SEQIGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 76.15 ($1.01) and traded as high as GBX 77.10 ($1.02). Sequoia Economic Infrastructure shares last traded at GBX 75.70 ($1.00), with a volume of 3,470,653 shares.

Sequoia Economic Infrastructure Price Performance

The business’s 50-day moving average price is GBX 76.15 and its two-hundred day moving average price is GBX 77.09. The firm has a market cap of £1.20 billion and a price-to-earnings ratio of -7,606.00.

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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