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3i Infrastructure (LON:3IN) Stock Passes Above 200 Day Moving Average - Here's Why

3i Infrastructure logo with Financial Services background

Key Points

  • 3i Infrastructure plc recently crossed above its 200-day moving average, trading as high as GBX 350 ($4.71) with a market capitalization of £3.21 billion.
  • The stock's insider, Stephanie Hazell, purchased 8,701 shares at an average cost of GBX 345, indicating potential insider confidence in the company.
  • 3i Infrastructure has a high price-to-earnings ratio of 917.11 and a low beta of 0.50, suggesting it may be less volatile compared to the overall market.
  • Looking to export and analyze 3i Infrastructure data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

3i Infrastructure plc (LON:3IN - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 331.35 ($4.48) and traded as high as GBX 350 ($4.73). 3i Infrastructure shares last traded at GBX 350 ($4.73), with a volume of 706,765 shares changing hands.

3i Infrastructure Stock Up 1.6%

The company has a fifty day simple moving average of GBX 348.26 and a 200-day simple moving average of GBX 332.01. 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 cap of £3.24 billion, a P/E ratio of 925.00 and a beta of 0.50.

Insider Transactions at 3i Infrastructure

In related news, insider Stephanie Hazell purchased 8,701 shares of the business's stock in a transaction on Thursday, July 17th. The stock was acquired at an average price of GBX 345 per share, with a total value of £30,018.45. Corporate insiders own 0.01% of the company's stock.

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.

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