3i Infrastructure (LON:3IN) Reaches New 52-Week High - Here's Why

Key Points

• Shares of 3i Infrastructure plc reached a new 52-week high, trading at GBX 364 ($4.87), with a closing price of GBX 363.51 ($4.86).
• The company has a market capitalization of £3.35 billion and a price-to-earnings ratio of 10.07.
• 3i Infrastructure aims to provide a long-term sustainable return to shareholders through investments in infrastructure.

Shares of 3i Infrastructure plc (LON:3IN - ) reached a new 52-week high on Wednesday . The company traded as high as GBX 364 ($4.87) and last traded at GBX 363.51 ($4.86), with a volume of 499541 shares. The stock had previously closed at GBX 359.50 ($4.81).

3i Infrastructure Trading Up 1.1%

The business has a 50 day moving average of GBX 351.90 and a two-hundred day moving average of GBX 341.98. The company has a debt-to-equity ratio of 15.26, a quick ratio of 0.57 and a current ratio of 0.85. The firm has a market capitalization of £3.35 billion, a price-to-earnings ratio of 10.07 and a beta of 0.50.

About 3i Infrastructure

3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company, an approved UK Investment Trust, listed on the London Stock Exchange and regulated by the Jersey Financial Services Commission. The Company's purpose is to deliver a long-term sustainable return to shareholders from investing in infrastructure. 3i Investments plc, a wholly-owned subsidiary of 3i Group plc, is authorised and regulated in the UK by the Financial Conduct Authority and acts as Investment Manager to 3i Infrastructure plc.

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