Infigen Energy (ASX:IFN) Share Price Passes Above Fifty Day Moving Average of $0.50

Infigen Energy Ltd (ASX:IFN) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.50 and traded as high as $0.68. Infigen Energy shares last traded at $0.68, with a volume of 1,426,793 shares.

The company has a debt-to-equity ratio of 110.60, a current ratio of 1.58 and a quick ratio of 1.27. The firm has a market capitalization of $645.68 million and a PE ratio of 15.70. The business’s 50-day moving average price is A$0.50 and its 200-day moving average price is A$0.48.

The firm also recently announced a Final dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 27th will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, June 27th. This represents a dividend yield of 2.15%. Infigen Energy’s dividend payout ratio (DPR) is presently 23.26%.

Infigen Energy Company Profile (ASX:IFN)

Infigen Energy Limited develops, owns, and operates renewable energy generation assets in Australia. It has 557 megawatts of installed generation capacity in New South Wales, South Australia, and Western Australia. The company's development pipeline comprises approximately 1,100 megawatts of wind and solar projects in Australia.

Further Reading: Sell-Side Analysts

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