Free Trial

3i Group (LON:III) Stock Passes Above 200 Day Moving Average - Should You Sell?

3i Group logo with Finance background

3i Group (LON:III - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 3,929.71 ($53.42) and traded as high as GBX 4,222 ($57.40). 3i Group shares last traded at GBX 4,200 ($57.10), with a volume of 1,635,804 shares changing hands.

Analysts Set New Price Targets

Separately, Citigroup reiterated a "buy" rating and issued a GBX 4,850 ($65.93) price target on shares of 3i Group in a research note on Tuesday, April 15th.

View Our Latest Research Report on 3i Group

3i Group Price Performance

The firm has a market cap of £40.38 billion, a P/E ratio of 10.55, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. 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 business has a 50-day moving average of GBX 4,128.11 and a two-hundred day moving average of GBX 3,929.71.

3i Group (LON:III - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported GBX 522 ($7.10) 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 anticipate that 3i Group will post 622.7106227 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Jasi Halai sold 6,387 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of GBX 4,057 ($55.15), for a total value of £259,120.59 ($352,257.46). Also, insider James Hatchley sold 15,918 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of GBX 4,057 ($55.15), for a total value of £645,793.26 ($877,913.62). 3.02% of the stock is currently owned by corporate insiders.

3i Group Company Profile

(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.

Featured Articles

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 Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

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

Featured Articles and Offers

Recent Videos

3 Made in America Stocks Under $20 You Need to See!
3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines