International Public Partnerships (LON:INPP) Sets New 12-Month Low – What’s Next?

International Public Partnerships (LON:INPPGet Free Report)’s share price hit a new 52-week low on Tuesday . The stock traded as low as GBX 119.60 ($1.52) and last traded at GBX 119.85 ($1.52), with a volume of 1900885 shares trading hands. The stock had previously closed at GBX 121.20 ($1.54).

International Public Partnerships Stock Performance

The firm’s fifty day simple moving average is GBX 126.51 and its 200 day simple moving average is GBX 127.16. The company has a debt-to-equity ratio of 2.23, a current ratio of 15.69 and a quick ratio of 24.20. The company has a market capitalization of £2.28 billion, a price-to-earnings ratio of 12,120.00 and a beta of 0.31.

About International Public Partnerships

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International Public Partnerships Limited specializes in investments in broader infrastructure sector with a focus on public or social infrastructure. The fund seeks acquisition opportunities that may be single assets, portfolios, shares in companies, or interest in partnerships. It also seeks to invest in private finance initiative and public private partnerships procurement model for public infrastructure in developed countries.

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