3i Group (LON:III) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

Shares of 3i Group (LON:IIIGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,253.22 ($40.71) and traded as high as GBX 3,587 ($44.88). 3i Group shares last traded at GBX 3,564 ($44.59), with a volume of 567,147 shares changing hands.

3i Group Trading Up 1.6 %

The stock has a 50 day simple moving average of GBX 3,503.53 and a 200-day simple moving average of GBX 3,257.47. The company has a current ratio of 3.23, a quick ratio of 0.09 and a debt-to-equity ratio of 6.20. The firm has a market capitalization of £34.91 billion, a P/E ratio of 911.84, a P/E/G ratio of -0.35 and a beta of 1.01.

3i Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, November 28th will be given a GBX 30.50 ($0.38) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 0.92%. 3i Group’s payout ratio is presently 1,536.52%.

3i Group Company Profile

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3i is an investment company with two complementary businesses, Private Equity and Infrastructure.

We focus on opportunities where our sector and investment expertise, combined with our international presence and strong capital position, can create material value for our stakeholders.

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