Invesco Bond Income Plus (LON:BIPS) Stock Price Up 0.3% – Still a Buy?

Shares of Invesco Bond Income Plus Limited (LON:BIPSGet Free Report) shot up 0.3% during trading on Thursday . The stock traded as high as GBX 172 and last traded at GBX 171. Approximately 979,613 shares changed hands during mid-day trading, an increase of 33% from the average session volume of 738,825 shares. The stock had previously closed at GBX 170.50.

Invesco Bond Income Plus Trading Down 0.3%

The company has a debt-to-equity ratio of 9.27, a quick ratio of 0.09 and a current ratio of 5.60. The firm’s fifty day simple moving average is GBX 172.88 and its 200-day simple moving average is GBX 173.30. The stock has a market cap of £453.24 million, a P/E ratio of 12.05 and a beta of 0.31.

Invesco Bond Income Plus Company Profile

(Get Free Report)

Managed by Rhys Davies and Edward Craven, the Company’s investment objective is to seek to obtain both high income and capital growth from investment, predominantly in high-yielding fixed-interest securities.

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