3i Infrastructure (LON:3IN) Stock Price Passes Below 200 Day Moving Average - What's Next?

Key Points

• 3i Infrastructure's share price dropped below its 200‑day moving average (200‑day MA GBX 358.30), trading as low as GBX 332 and last at GBX 333.50 on volume of 829,720 shares.
• Despite the decline, Royal Bank of Canada reaffirmed an Outperform rating with a GBX 450 target, and MarketBeat shows an average Buy rating with a GBX 450 consensus target.
• The company has a market cap of £3.15 billion, a low P/E of 7.45 and beta of 0.50, but relatively tight liquidity (current ratio 0.85, quick ratio 0.57) and a reported debt‑to‑equity of 15.26.

3i Infrastructure plc (LON:3IN - Get Free Report)'s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 358.30 and traded as low as GBX 332. 3i Infrastructure shares last traded at GBX 333.50, with a volume of 829,720 shares changing hands.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 450 target price on shares of 3i Infrastructure in a research note on Tuesday, January 27th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of GBX 450.

3i Infrastructure Stock Up 2.2%

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 has a 50 day moving average price of GBX 345.83 and a 200 day moving average price of GBX 358.30. The company has a market cap of £3.15 billion, a P/E ratio of 7.45 and a beta of 0.50.

3i Infrastructure Company Profile

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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