3i Group (LON:III) Hits New 52-Week High - Here's What Happened

3i Group (LON:III - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 4,177 ($55.55) and last traded at GBX 4,154 ($55.25), with a volume of 1150651 shares changing hands. The stock had previously closed at GBX 4,115 ($54.73).

Analyst Upgrades and Downgrades

Several analysts have issued reports on III shares. JPMorgan Chase & Co. restated a "top pick" rating on shares of 3i Group in a research report on Tuesday, January 7th. Citigroup reissued a "buy" rating and set a GBX 4,850 ($64.50) price objective on shares of 3i Group in a report on Tuesday, April 15th.

3i Group Stock 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 capitalization of £40.43 billion, a P/E ratio of 10.56, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. The firm has a 50 day moving average price of GBX 3,849.86 and a two-hundred day moving average price of GBX 3,685.32.

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.