Intuitive Investments Group (LON:IIG) Reaches New 12-Month Low - Here's What Happened

Key Points

• Intuitive Investments Group PLC shares hit a new 52-week low of GBX 95 ($1.28) during trading on Thursday, reflecting a decline of 3.8% from the previous close of GBX 104 ($1.40).
• The company's market capitalization stands at £218.21 million, and it operates with a notably high PE ratio of -16,666.67.
• Intuitive Investments Group's main investment focus has shifted to Hui10 Inc, which now represents over 97% of its portfolio following its recent move to the Specialist Fund Segment of the London Stock Exchange.

Shares of Intuitive Investments Group PLC (LON:IIG - ) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 95 ($1.28) and last traded at GBX 100 ($1.35), with a volume of 45006 shares trading hands. The stock had previously closed at GBX 104 ($1.40).

Intuitive Investments Group Stock Down 3.8%

The stock has a market cap of £218.21 million, a PE ratio of -16,666.67 and a beta of 0.55. The business's 50-day simple moving average is GBX 111.54 and its 200-day simple moving average is GBX 113.17.

Intuitive Investments Group Company Profile

Intuitive Investments Group plc ("IIG") is a closed-end investment company focused on fast growing and high potential investment opportunities. IIG plc was admitted to AIM in December 2020 with a focus on investments in high potential life sciences businesses. In October 2023, following its move the Specialist Fund Segment of the London Stock Exchange, IIG plc made a strategic investment in Hui10 Inc which now forms its main investment focus, accounting for over 97% of the portfolio.

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