3i Infrastructure (LON:3IN) Stock Price Crosses Above 200 Day Moving Average of $0.00

3i Infrastructure PLC (LON:3IN)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $285.50. 3i Infrastructure shares last traded at $284.70, with a volume of 342,217 shares changing hands.

Separately, Royal Bank of Canada cut shares of 3i Infrastructure to a “sector performer” rating in a research report on Friday, June 14th.

The company has a market capitalization of $2.31 billion and a P/E ratio of 4.48. The business’s 50-day moving average price is GBX 290.39.

The firm also recently declared a dividend, which was paid on Monday, July 8th. Stockholders of record on Thursday, June 13th were issued a GBX 4.33 ($0.06) dividend. The ex-dividend date was Thursday, June 13th. This represents a dividend yield of 1.56%. 3i Infrastructure’s dividend payout ratio is currently 0.14%.

About 3i Infrastructure (LON:3IN)

3i Infrastructure plc is a closed-ended investment company that invests in infrastructure businesses and assets. The Company’s objective is to provide shareholders with a sustainable total return of 8% to 10% per annum, to be achieved over the medium term, with a progressive annual dividend per share.

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