3i Group (OTCMKTS:TGOPY) Sets New 52-Week High – Time to Buy?

3i Group plc (OTCMKTS:TGOPYGet Free Report) shares reached a new 52-week high on Monday . The company traded as high as $24.50 and last traded at $24.34, with a volume of 136281 shares changing hands. The stock had previously closed at $24.08.

3i Group Trading Up 1.1 %

The stock’s 50-day simple moving average is $23.21 and its 200 day simple moving average is $21.95.

3i Group Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, January 27th. Investors of record on Friday, November 29th were issued a dividend of $0.1546 per share. The ex-dividend date of this dividend was Friday, November 29th.

3i Group Company Profile

(Get Free Report)

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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