International Public Partnerships (LON:INPP) Share Price Passes Above 50 Day Moving Average - Here's What Happened

Key Points

• International Public Partnerships (LON:INPP) stock rose above its 50-day moving average, reaching a high of GBX 124 ($1.67) during trading, which reflects a slight increase of 0.3%.
• The company reported an earnings per share (EPS) of GBX 7.64 for the last quarter and is projected to post approximately 1060.00 EPS for the current fiscal year.
• International Public Partnerships operates as a global infrastructure fund focused on long-term, sustainable investments that provide stable, inflation-linked returns for investors.

International Public Partnerships (LON:INPP - Get Free Report)'s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 122.37 ($1.64) and traded as high as GBX 124 ($1.67). International Public Partnerships shares last traded at GBX 124 ($1.67), with a volume of 4,242,863 shares.

International Public Partnerships Stock Up 0.3%

The stock has a market capitalization of £2.28 billion, a PE ratio of 621,890.00 and a beta of 0.31. The firm has a 50 day moving average price of GBX 122.37 and a 200-day moving average price of GBX 118.11.

International Public Partnerships (LON:INPP - Get Free Report) last announced its quarterly earnings data on Thursday, September 4th. The company reported GBX 7.64 earnings per share (EPS) for the quarter. International Public Partnerships had a return on equity of 1.54% and a net margin of 52.68%. Equities analysts expect that International Public Partnerships will post 1060.0000297 earnings per share for the current fiscal year.

About International Public Partnerships

INPP is a global infrastructure fund that invests in high-quality infrastructure projects and businesses that are sustainable over the long-term. INPP aims to provide our investors with stable, long-term, inflation-linked returns, based on growing dividends and the potential for capital appreciation.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.