3i Group (LON:III) Hits New 52-Week High - Should You Buy?

3i Group (LON:III - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 3,779 ($46.60) and last traded at GBX 3,770 ($46.49), with a volume of 33302660 shares. The stock had previously closed at GBX 3,746 ($46.19).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reaffirmed a "top pick" rating on shares of 3i Group in a report on Tuesday, January 7th.

3i Group Trading Down 0.0 %

The company has a debt-to-equity ratio of 6.20, a quick ratio of 0.09 and a current ratio of 3.23. The stock has a market capitalization of £36.12 billion, a P/E ratio of 943.32, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. The stock has a 50-day moving average price of GBX 3,588.58 and a two-hundred day moving average price of GBX 3,305.58.

3i Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 10th. Investors of record on Thursday, November 28th were paid a GBX 30.50 ($0.38) dividend. This represents a yield of 0.92%. The ex-dividend date of this dividend was Thursday, November 28th. 3i Group's payout ratio is currently 1,536.52%.

3i Group Company Profile

3i is an investment company with two complementary businesses, Private Equity and Infrastructure. We focus on opportunities where our sector and investment expertise, combined with our international presence and strong capital position, can create material value for our stakeholders.