Sequoia Economic Infrastructure Inc (LON:SEQI – Get Free Report) passed below its 50 day moving average during trading on Friday. The stock has a 50 day moving average of GBX 85 and traded as low as GBX 83.40. Sequoia Economic Infrastructure shares last traded at GBX 83.80, with a volume of 1,355,309 shares changing hands.
Sequoia Economic Infrastructure Price Performance
The firm’s 50-day moving average price is GBX 85 and its 200 day moving average price is GBX 82.60. The firm has a market capitalization of £1.23 billion, a price-to-earnings ratio of 12.27 and a beta of 0.75.
About Sequoia Economic Infrastructure
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. Its investment objective is to provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments.
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