Intuitive Investments Group (LON:IIG) Sets New 12-Month High - Should You Buy?

Key Points

• Shares hit a new 52-week high of GBX 218, trading up about 13.7% from the prior close of GBX 193.75 on volume of 218,236 shares.
• Intuitive Investments Group is a closed-end investor focused on life sciences and is now highly concentrated in Hui10 Inc, which accounts for over 97% of its portfolio following the October 2023 strategic move.
• The company has a market cap of £526.95 million, a negative P/E of -107.41 and a beta of 0.92, with 50-day and 200-day simple moving averages at GBX 161.82 and GBX 133.21 respectively, reflecting recent upward momentum.

Intuitive Investments Group PLC (LON:IIG - ) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 218 and last traded at GBX 218, with a volume of 218236 shares changing hands. The stock had previously closed at GBX 193.75.

Intuitive Investments Group Trading Up 13.7%

The company has a market capitalization of £526.95 million, a price-to-earnings ratio of -107.41 and a beta of 0.92. The firm's 50 day simple moving average is GBX 161.82 and its 200-day simple moving average is GBX 133.21.

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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