Third Point Investors Limited (LON:TPOU - Get Free Report)'s stock price shot up 0.4% during mid-day trading on Thursday . The stock traded as high as GBX 24.20 ($0.33) and last traded at GBX 23.80 ($0.32). 62,814 shares changed hands during trading, an increase of 321% from the average session volume of 14,922 shares. The stock had previously closed at GBX 23.70 ($0.32).
Third Point Investors Price Performance
The company has a market cap of £416.04 million, a P/E ratio of 6.28 and a beta of 0.55. The business has a 50-day moving average price of GBX 24.64 and a two-hundred day moving average price of GBX 25.03.
Third Point Investors Company Profile
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Third Point Offshore Investors Limited is a close ended feeder fund launched and managed by Third Point LLC. The fund invests its entire corpus in Third Point Offshore Fund Ltd. It seeks to benchmark the performance of its portfolio against the S&P 500 TR USD. The fund was formed on July 20, 2007 and is domiciled in Guernsey, Channel Islands.
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