Invesco Bond Income Plus (LON:BIPS) Shares Down 0.6% - Here's Why

Invesco Bond Income Plus Limited (LON:BIPS - Get Free Report) traded down 0.6% during trading on Friday . The company traded as low as GBX 170 ($2.30) and last traded at GBX 170.50 ($2.30). 305,168 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 373,571 shares. The stock had previously closed at GBX 171.50 ($2.32).

Invesco Bond Income Plus Price Performance

The stock has a market capitalization of £346.24 million, a PE ratio of 8.73 and a beta of 0.40. The stock's 50-day moving average is GBX 170.32 and its 200 day moving average is GBX 170.93. The company has a debt-to-equity ratio of 12.95, a quick ratio of 0.09 and a current ratio of 0.31.

Invesco Bond Income Plus (LON:BIPS - Get Free Report) last released its earnings results on Thursday, April 3rd. The company reported GBX 12.08 ($0.16) EPS for the quarter. Invesco Bond Income Plus had a net margin of 157.83% and a return on equity of 11.70%.

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.