3i Infrastructure plc (LON:3IN - Get Free Report) was down 1.6% during mid-day trading on Wednesday . The stock traded as low as GBX 309 ($3.92) and last traded at GBX 310 ($3.93). Approximately 1,862,044 shares changed hands during trading, an increase of 83% from the average daily volume of 1,016,278 shares. The stock had previously closed at GBX 315 ($3.99).
3i Infrastructure Trading Up 0.2 %
The company has a current ratio of 0.85, a quick ratio of 0.57 and a debt-to-equity ratio of 15.26. The business has a 50 day moving average price of GBX 328.18 and a 200-day moving average price of GBX 333.40. The firm has a market capitalization of £2.86 billion, a PE ratio of 817.11 and a beta of 0.50.
3i Infrastructure Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, January 13th. Shareholders of record on Thursday, November 21st will be given a GBX 6.33 ($0.08) dividend. This is a boost from 3i Infrastructure's previous dividend of $5.95. The ex-dividend date of this dividend is Thursday, November 21st. This represents a yield of 1.88%. 3i Infrastructure's dividend payout ratio is presently 3,157.89%.
Insiders Place Their Bets
In other news, insider Douglas Bannister bought 6,115 shares of the firm's stock in a transaction on Tuesday, November 19th. The shares were bought at an average cost of GBX 327 ($4.15) per share, for a total transaction of £19,996.05 ($25,346.75). Also, insider Martin Magee bought 3,000 shares of the stock in a transaction on Tuesday, November 12th. The stock was purchased at an average cost of GBX 336 ($4.26) per share, for a total transaction of £10,080 ($12,777.28). Insiders own 0.01% of the company's stock.
About 3i Infrastructure
(
Get Free Report)
3i Infrastructure plc is an investment firm specializing in infrastructure investments. The firm invests in early stage assets, mature assets, middle markets, mid venture, acquisitions, and projects and privatizations undergoing a period of operational ramp-up. It may invest in junior or mezzanine debt in infrastructure businesses or assets.
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