3i Group (LON:III) Reaches New 12-Month High – What’s Next?

3i Group (LON:IIIGet Free Report)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 3,519 ($44.53) and last traded at GBX 3,519 ($44.53), with a volume of 6265795 shares. The stock had previously closed at GBX 3,468 ($43.88).

3i Group Stock Performance

The company has a debt-to-equity ratio of 6.20, a current ratio of 3.23 and a quick ratio of 0.09. The stock has a fifty day moving average price of GBX 3,307.32 and a two-hundred day moving average price of GBX 3,118.05. The company has a market cap of £33.83 billion, a P/E ratio of 880.86, a PEG ratio of -0.35 and a beta of 1.01.

3i Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, November 28th will be issued a GBX 30.50 ($0.39) dividend. This represents a yield of 0.92%. The ex-dividend date is Thursday, November 28th. 3i Group’s payout ratio is currently 1,536.52%.

About 3i Group

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3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.

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