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3i Group (OTCMKTS:TGOPY) Reaches New 52-Week High - Here's Why

3i Group logo with Finance background

3i Group plc (OTCMKTS:TGOPY - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $27.90 and last traded at $27.70, with a volume of 187885 shares trading hands. The stock had previously closed at $26.04.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a "buy" rating on shares of 3i Group in a research note on Monday, February 3rd.

Check Out Our Latest Analysis on 3i Group

3i Group Price Performance

The stock has a 50 day simple moving average of $25.08 and a 200 day simple moving average of $23.60.

3i Group Company Profile

(Get Free Report)

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.

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