3i Group (LON:III - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,929.71 ($53.41) and traded as high as GBX 4,222 ($57.38). 3i Group shares last traded at GBX 4,200 ($57.08), with a volume of 1,635,804 shares changing hands.
Analyst Ratings Changes
Separately, Citigroup reaffirmed a "buy" rating and set a GBX 4,850 ($65.91) price objective on shares of 3i Group in a report on Tuesday, April 15th.
Check Out Our Latest Research Report on III
3i Group Trading Up 1.0%
The company's 50 day moving average price is GBX 4,127.08 and its two-hundred day moving average price is GBX 3,931.41. The company has a debt-to-equity ratio of 6.20, a current ratio of 3.25 and a quick ratio of 0.09. The stock has a market capitalization of £40.70 billion, a PE ratio of 10.63, a P/E/G ratio of -0.35 and a beta of 1.01.
3i Group (LON:III - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported GBX 522 ($7.09) earnings per share for the quarter. 3i Group had a net margin of 96.45% and a return on equity of 19.97%. As a group, analysts expect that 3i Group will post 622.7106227 earnings per share for the current year.
Insider Activity
In other news, insider Jasi Halai sold 6,387 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of GBX 4,057 ($55.14), for a total value of £259,120.59 ($352,161.72). Also, insider James Hatchley sold 15,918 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of GBX 4,057 ($55.14), for a total transaction of £645,793.26 ($877,674.99). Company insiders own 3.02% of the company's stock.
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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