3i Group (LON:III) Share Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

3i Group (LON:III - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,802.33 ($51.38) and traded as high as GBX 4,067 ($54.96). 3i Group shares last traded at GBX 4,067 ($54.96), with a volume of 1,448,310 shares.

Wall Street Analysts Forecast Growth

Separately, Citigroup reissued a "buy" rating and issued a GBX 4,850 ($65.54) price objective on shares of 3i Group in a research report on Tuesday, April 15th.

3i Group Trading Down 1.5%

The company has a current ratio of 3.25, a quick ratio of 0.09 and a debt-to-equity ratio of 6.20. The stock has a market cap of £39.32 billion, a P/E ratio of 10.27, a PEG ratio of -0.35 and a beta of 1.01. The firm's 50-day simple moving average is GBX 3,962.07 and its 200 day simple moving average is GBX 3,818.76.

3i Group (LON:III - Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported GBX 522 ($7.05) EPS for the quarter. 3i Group had a net margin of 96.45% and a return on equity of 19.97%. As a group, equities research analysts anticipate that 3i Group will post 622.7106227 earnings per share for the current year.

About 3i Group

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.