3i Group (LON:III - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 4,020.02 ($54.00) and traded as high as GBX 4,123 ($55.38). 3i Group shares last traded at GBX 4,109 ($55.19), with a volume of 1,205,406 shares changing hands.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on the stock. Citigroup reiterated a "buy" rating and issued a GBX 4,850 ($65.14) target price on shares of 3i Group in a research report on Tuesday, April 15th. JPMorgan Chase & Co. restated an "overweight" rating on shares of 3i Group in a research report on Friday, July 25th.
View Our Latest Research Report on 3i Group
3i Group Trading Up 0.8%
The stock has a market capitalization of £39.97 billion, a price-to-earnings ratio of 10.44, a PEG ratio of -0.35 and a beta of 1.01. The company's 50-day moving average is GBX 4,152.18 and its 200-day moving average is GBX 4,020.02. The company has a quick ratio of 0.09, a current ratio of 3.25 and a debt-to-equity ratio of 6.20.
3i Group (LON:III - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported GBX 522 ($7.01) earnings per share (EPS) for the quarter. 3i Group had a net margin of 96.45% and a return on equity of 19.97%. Research analysts anticipate that 3i Group will post 622.7106227 earnings per share for the current fiscal year.
Insider Activity
In other 3i Group news, insider Jasi Halai sold 6,387 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of GBX 4,057 ($54.49), for a total transaction of £259,120.59 ($348,046.46). Also, insider James Hatchley sold 15,918 shares of the stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of GBX 4,057 ($54.49), for a total transaction of £645,793.26 ($867,418.75). In the last ninety days, insiders have acquired 11 shares of company stock valued at $45,125. 3.02% of the stock is currently owned by insiders.
About 3i Group
(
Get Free Report)
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.
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