3i Group (LON:III) Shares Cross Above Two Hundred Day Moving Average - Here's Why

3i Group (LON:III - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 3,294.19 ($40.32) and traded as high as GBX 3,611 ($44.20). 3i Group shares last traded at GBX 3,580 ($43.82), with a volume of 1,231,581 shares traded.

Analyst Upgrades and Downgrades

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

3i Group Stock Performance

The firm has a market capitalization of £34.69 billion, a price-to-earnings ratio of 906.17, a P/E/G ratio of -0.35 and a beta of 1.01. The company has a 50-day moving average price of GBX 3,561.85 and a 200-day moving average price of GBX 3,294.19. The company has a quick ratio of 0.09, a current ratio of 3.23 and a debt-to-equity ratio of 6.20.

3i Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 10th. Shareholders of record on Thursday, November 28th were given a dividend of GBX 30.50 ($0.37) per share. The ex-dividend date was Thursday, November 28th. This represents a yield of 0.92%. 3i Group's dividend payout ratio (DPR) is presently 1,536.52%.

About 3i Group

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.