Shares of International Public Partnerships (LON:INPP - Get Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as GBX 108.60 ($1.41) and last traded at GBX 109 ($1.41), with a volume of 3802236 shares trading hands. The stock had previously closed at GBX 111.20 ($1.44).
International Public Partnerships Stock Performance
The company's fifty day moving average is GBX 114.90 and its two-hundred day moving average is GBX 122.17. The firm has a market cap of £2.02 billion, a price-to-earnings ratio of 46.51 and a beta of 0.31.
Insiders Place Their Bets
In other news, insider John Le Poidevin bought 86,972 shares of the firm's stock in a transaction dated Tuesday, February 4th. The stock was acquired at an average cost of GBX 114 ($1.48) per share, for a total transaction of £99,148.08 ($128,580.05). 0.14% of the stock is currently owned by insiders.
About International Public Partnerships
(
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INPP is a global infrastructure fund that invests in high-quality infrastructure projects and businesses that are sustainable over the long-term. INPP aims to provide our investors with stable, long-term, inflation-linked returns, based on growing dividends and the potential for capital appreciation.
See Also
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