International Public Partnerships (LON:INPP) Share Price Crosses Above 50 Day Moving Average – Here’s Why

by · The Cerbat Gem

Shares of International Public Partnerships (LON:INPP – Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 123.96 and traded as high as GBX 125.80. International Public Partnerships shares last traded at GBX 125.20, with a volume of 983,168 shares changing hands.

International Public Partnerships Price Performance

The company has a 50-day moving average of GBX 123.94 and a two-hundred day moving average of GBX 122.83. The company has a market capitalization of £2.27 billion, a PE ratio of 18.41 and a beta of 0.31.

Insider Buying and Selling at International Public Partnerships

In related news, insider Sarah Whitney acquired 62,541 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was bought at an average cost of GBX 123 per share, for a total transaction of £76,925.43. 0.20% of the stock is currently owned by insiders.

International Public Partnerships Company Profile

(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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