3i Group (LON:III) Shares Pass Above 200 Day Moving Average - Time to Sell?

3i Group (LON:III - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,708.33 ($49.52) and traded as high as GBX 4,246 ($56.70). 3i Group shares last traded at GBX 4,227.15 ($56.44), with a volume of 2,212,853 shares changing hands.

Wall Street Analyst Weigh In

III has been the subject of a number of research analyst reports. Citigroup reissued a "buy" rating and issued a GBX 4,850 ($64.76) target price on shares of 3i Group in a report on Tuesday, April 15th. JPMorgan Chase & Co. restated a "top pick" rating on shares of 3i Group in a research note on Tuesday, January 7th.

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 stock has a market cap of £40.69 billion, a P/E ratio of 10.63, a P/E/G ratio of -0.35 and a beta of 1.01. The business's 50-day moving average price is GBX 3,872.09 and its 200-day moving average price is GBX 3,735.37.

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.