3i Group (LON:III) Share Price Crosses Above 50 Day Moving Average – Here’s Why

by · The Cerbat Gem

Shares of 3i Group (LON:III – Get Free Report) passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of GBX 2,568.82 and traded as high as GBX 2,654. 3i Group shares last traded at GBX 2,636, with a volume of 334,998,531 shares trading hands.

3i Group Stock Down 2.1%

The stock has a 50 day moving average price of GBX 2,556.38 and a 200 day moving average price of GBX 2,695.98. The company has a market cap of £25.60 billion, a P/E ratio of 4.69, a P/E/G ratio of -0.35 and a beta of 1.63. The company has a debt-to-equity ratio of 4.08, a quick ratio of 0.09 and a current ratio of 131.80.

About 3i Group

(Get Free Report)

3i is an investment company specialising in Private Equity and Infrastructure. We invest in mid-market companies headquartered in Europe and North America.

We generate attractive returns for our shareholders and co-investors by investing in private equity and infrastructure assets.

As proprietary capital investors we have a long-term, responsible approach.

We aim to compound value through thoughtful origination, disciplined investment and active management of our assets, driving sustainable growth in our investment companies.

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