Sequoia Economic Infrastructure (LON:SEQI) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Shares of Sequoia Economic Infrastructure Inc (LON:SEQIGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 78.03 ($1.05) and traded as low as GBX 77.76 ($1.04). Sequoia Economic Infrastructure shares last traded at GBX 78.90 ($1.06), with a volume of 4,184,782 shares.

Sequoia Economic Infrastructure Stock Down 0.3%

The stock’s 50-day moving average is GBX 78.03 and its 200-day moving average is GBX 78.32. The firm has a market cap of £1.21 billion and a P/E ratio of 1,565.48.

Insider Transactions at Sequoia Economic Infrastructure

In other Sequoia Economic Infrastructure news, insider James Stewart purchased 12,843 shares of the stock in a transaction on Thursday, October 2nd. The shares were purchased at an average price of GBX 78 per share, with a total value of £10,017.54. 0.07% of the stock is owned by company insiders.

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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