Free Trial

3i Group (LON:III) Shares Cross Above Two Hundred Day Moving Average - Here's What Happened

3i Group logo with Finance background

Key Points

  • 3i Group's shares surpassed their 200-day moving average, closing at GBX 4,109 ($55.19) with a trading volume of over 1.2 million shares.
  • Analysts are optimistic; Citigroup set a target price of GBX 4,850 ($65.14) and reiterated a "buy" rating, while JPMorgan also maintains an "overweight" rating on the stock.
  • In recent insider activity, two executives sold shares at an average price of GBX 4,057, totaling approximately £904,913 ($1,215,465).
  • Looking to export and analyze 3i Group data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in 3i Group Right Now?

Before you consider 3i Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and 3i Group wasn't on the list.

While 3i Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Growth Stock Winners to Watch And 3 to Avoid
3 Growth Stocks That Could Pop Before Summer Ends
3 Buy-the-Dip Stocks Poised to Rebound Soon

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines