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3i Infrastructure (LON:3IN) Stock Crosses Above Two Hundred Day Moving Average - Here's Why

3i Infrastructure logo with Financial Services background

Key Points

  • 3i Infrastructure plc stock surpassed its 200-day moving average, trading at GBX 343.50 ($4.64) with a peak at GBX 348 ($4.70) during recent trading.
  • The company's market capitalization stands at £3.17 billion, with a notably high PE ratio of 905.00 and a debt-to-equity ratio of 15.26.
  • Insider Stephanie Hazell purchased 8,701 shares at an average cost of GBX 345, indicating potential insider confidence despite low insider ownership at 0.01%.
  • Five stocks to consider instead of 3i Infrastructure.

3i Infrastructure plc (LON:3IN - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 332.59 ($4.49) and traded as high as GBX 348 ($4.70). 3i Infrastructure shares last traded at GBX 343.50 ($4.64), with a volume of 1,016,747 shares changing hands.

3i Infrastructure Price Performance

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 stock's 50-day moving average is GBX 347.71 and its 200 day moving average is GBX 332.85. The stock has a market capitalization of £3.15 billion, a PE ratio of 944.60 and a beta of 0.50.

Insider Activity at 3i Infrastructure

In related news, insider Stephanie Hazell bought 8,701 shares of the company's stock in a transaction that occurred 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 company 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.

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