Shares of 3i Group (LON:III - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,829.50 ($51.90) and traded as high as GBX 4,117 ($55.79). 3i Group shares last traded at GBX 4,080.24 ($55.30), with a volume of 4,224,203 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Citigroup reaffirmed a "buy" rating and set a GBX 4,850 ($65.73) price objective on shares of 3i Group in a research note on Tuesday, April 15th.
Check Out Our Latest Stock Report on 3i Group
3i Group Trading Up 2.2%
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 £40.23 billion, a P/E ratio of 10.51, a P/E/G ratio of -0.35 and a beta of 1.01. The company has a 50-day simple moving average of GBX 4,003.91 and a 200-day simple moving average of GBX 3,847.04.
3i Group (LON:III - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported GBX 522 ($7.07) earnings per share (EPS) for the quarter. 3i Group had a return on equity of 19.97% and a net margin of 96.45%. On average, sell-side analysts forecast that 3i Group will post 622.7106227 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, insider James Hatchley sold 15,918 shares of 3i Group stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of GBX 4,057 ($54.98), for a total value of £645,793.26 ($875,177.21). Insiders own 3.02% of the company's stock.
About 3i Group
(
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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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