Invesco Bond Income Plus (LON:BIPS) Stock Price Down 0.3% - Time to Sell?

Key Points

• Shares of Invesco Bond Income Plus Limited (LON:BIPS) fell by 0.3%, trading last at GBX 173 ($2.32) after reaching a low of GBX 172.65 during the session.
• The company reported a return on equity of 11.70% and a significant net margin of 157.83% in its last quarterly earnings.
• Invesco Bond Income Plus aims for high income and capital growth through investment in high-yielding fixed-interest securities, managed by Rhys Davies and Edward Craven.

Shares of Invesco Bond Income Plus Limited (LON:BIPS - Get Free Report) traded down 0.3% on Thursday . The company traded as low as GBX 172.65 ($2.32) and last traded at GBX 173 ($2.32). 616,003 shares changed hands during mid-day trading, an increase of 56% from the average session volume of 395,487 shares. The stock had previously closed at GBX 173.50 ($2.33).

Invesco Bond Income Plus Stock Performance

The company has a quick ratio of 0.09, a current ratio of 0.31 and a debt-to-equity ratio of 12.95. The stock has a 50 day simple moving average of GBX 172.50 and a two-hundred day simple moving average of GBX 171.69. The stock has a market capitalization of £351.32 million, a P/E ratio of 8.86 and a beta of 0.40.

Invesco Bond Income Plus (LON:BIPS - Get Free Report) last posted its quarterly earnings results on Friday, August 15th. The company reported GBX 6.26 earnings per share for the quarter. Invesco Bond Income Plus had a return on equity of 11.70% and a net margin of 157.83%.

Invesco Bond Income Plus Company Profile

Managed by Rhys Davies and Edward Craven, the Company's investment objective is to seek to obtain both high income and capital growth from investment, predominantly in high-yielding fixed-interest securities.

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