3i Group (LON:III) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

3i Group (LON:III)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,525.57 ($45.56) and traded as high as GBX 3,917 ($50.61). 3i Group shares last traded at GBX 3,824 ($49.41), with a volume of 2,079,076 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reiterated a “top pick” rating on shares of 3i Group in a report on Tuesday, January 7th.

3i Group Price Performance

The company has a debt-to-equity ratio of 6.20, a quick ratio of 0.09 and a current ratio of 3.25. The company has a market cap of £37.23 billion, a PE ratio of 9.73, a PEG ratio of -0.35 and a beta of 1.01. The company’s 50-day simple moving average is GBX 3,852.72 and its 200 day simple moving average is GBX 3,527.85.

3i Group Company Profile

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.