Invesco Bond Income Plus (LON:BIPS) Stock Price Up 0.3% - Here's Why

Invesco Bond Income Plus Limited (LON:BIPS - Get Free Report)'s stock price was up 0.3% during trading on Monday . The stock traded as high as GBX 173.50 ($2.34) and last traded at GBX 173 ($2.33). Approximately 562,847 shares traded hands during mid-day trading, an increase of 46% from the average daily volume of 384,544 shares. The stock had previously closed at GBX 172.50 ($2.32).

Invesco Bond Income Plus Stock Performance

The stock has a 50-day moving average of GBX 170.34 and a 200 day moving average of GBX 171.24. The stock has a market cap of £349.28 million, a PE ratio of 8.81 and a beta of 0.40. The company has a quick ratio of 0.09, a current ratio of 0.31 and a debt-to-equity ratio of 12.95.

Invesco Bond Income Plus (LON:BIPS - Get Free Report) last announced its quarterly earnings results on Thursday, April 3rd. The company reported GBX 12.08 ($0.16) EPS 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.