Third Point Investors Limited (LON:TPOU - Get Free Report)'s stock price dropped 0.7% during mid-day trading on Thursday . The company traded as low as GBX 26.70 ($0.35) and last traded at GBX 26.80 ($0.36). Approximately 5,280 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 14,640 shares. The stock had previously closed at GBX 27 ($0.36).
Third Point Investors Price Performance
The business has a fifty day simple moving average of GBX 25.15 and a 200 day simple moving average of GBX 25.22. The firm has a market cap of £464.05 million, a price-to-earnings ratio of 7.01 and a beta of 0.55.
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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