International Public Partnerships (LON:INPP) Share Price Passes Above Fifty Day Moving Average – Here’s Why

International Public Partnerships (LON:INPPGet Free Report) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 123.89 and traded as high as GBX 125.80. International Public Partnerships shares last traded at GBX 124.80, with a volume of 2,204,517 shares changing hands.

International Public Partnerships Stock Down 0.6%

The company’s 50-day moving average is GBX 123.90 and its two-hundred day moving average is GBX 122.70. The company has a market capitalization of £2.25 billion, a P/E ratio of 18.26 and a beta of 0.31.

Insider Activity at International Public Partnerships

In related news, insider Sarah Whitney acquired 62,541 shares of the stock in a transaction dated Wednesday, December 3rd. The shares were purchased at an average price of GBX 123 per share, for a total transaction of £76,925.43. 0.20% of the stock is owned by insiders.

International Public Partnerships Company Profile

(Get Free Report)

INPP is a global infrastructure fund that invests in high-quality infrastructure projects and businesses that are sustainable over the long-term. INPP aims to provide our investors with stable, long-term, inflation-linked returns, based on growing dividends and the potential for capital appreciation.

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