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3i Infrastructure (LON:3IN) Reaches New 52-Week High - Should You Buy?

3i Infrastructure logo with Financial Services background

Key Points

  • 3i Infrastructure plc reached a new 52-week high of GBX 363 ($4.88) before closing at GBX 361.70 ($4.86) with a trading volume of 18,840 shares.
  • The company has a market capitalization of £3.34 billion and a high price-to-earnings ratio of 1,004.14, indicating potential market volatility.
  • Insider Stephanie Hazell made a significant purchase of 8,701 shares at an average cost of GBX 345 per share, reflecting confidence in the company’s future.
  • MarketBeat previews the top five stocks to own by November 1st.

3i Infrastructure plc (LON:3IN - Get Free Report) reached a new 52-week high on Friday . The company traded as high as GBX 363 ($4.88) and last traded at GBX 361.70 ($4.86), with a volume of 18840 shares traded. The stock had previously closed at GBX 361 ($4.85).

3i Infrastructure Price Performance

The company has a quick ratio of 0.57, a current ratio of 0.85 and a debt-to-equity ratio of 15.26. The firm has a market capitalization of £3.34 billion, a price-to-earnings ratio of 1,004.14 and a beta of 0.50. The stock's 50 day moving average price is GBX 351.02 and its two-hundred day moving average price is GBX 338.10.

Insider Buying and Selling

In other 3i Infrastructure news, insider Stephanie Hazell bought 8,701 shares of the stock in a transaction on Thursday, July 17th. The shares were purchased at an average cost of GBX 345 per share, with a total value of £30,018.45. 0.07% of the stock is owned by insiders.

About 3i Infrastructure

(Get Free Report)

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.

See Also

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