International Public Partnerships (LON:INPP) Sets New 12-Month High – Time to Buy?

Shares of International Public Partnerships (LON:INPPGet Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 130.80 and last traded at GBX 130.68, with a volume of 2673311 shares changing hands. The stock had previously closed at GBX 128.60.

International Public Partnerships Trading Up 2.0%

The company’s 50 day moving average is GBX 126.83 and its 200-day moving average is GBX 124.12. The company has a market capitalization of £2.37 billion, a P/E ratio of 19.32 and a beta of 0.31.

Insider Buying and Selling at International Public Partnerships

In related news, insider Sarah Whitney acquired 12,459 shares of the stock in a transaction on Wednesday, December 3rd. The stock was acquired at an average price of GBX 123 per share, for a total transaction of £15,324.57. 0.20% of the stock is owned by insiders.

About International Public Partnerships

(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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