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

3i Group (LON:III - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 3,519 ($44.53) and last traded at GBX 3,519 ($44.53), with a volume of 6265795 shares traded. The stock had previously closed at GBX 3,468 ($43.88).

3i Group Trading Up 2.2 %

The company has a current ratio of 3.23, a quick ratio of 0.09 and a debt-to-equity ratio of 6.20. The company has a market capitalization of £34.17 billion, a price-to-earnings ratio of 883.63, a P/E/G ratio of -0.35 and a beta of 1.01. The business's 50 day moving average price is GBX 3,307.32 and its two-hundred day moving average price is GBX 3,118.05.

3i Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, November 28th will be paid a GBX 30.50 ($0.39) dividend. This represents a dividend yield of 0.92%. The ex-dividend date of this dividend is Thursday, November 28th. 3i Group's dividend payout ratio is currently 1,536.52%.

About 3i Group

3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.