International Public Partnerships (LON:INPP) Stock Passes Above 50 Day Moving Average - Should You Sell?

Shares of International Public Partnerships (LON:INPP - Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 128.02 ($1.67) and traded as high as GBX 129.73 ($1.69). International Public Partnerships shares last traded at GBX 128 ($1.67), with a volume of 4,596,167 shares traded.

International Public Partnerships Stock Performance

The firm has a market cap of £2.41 billion, a P/E ratio of 12,814.00 and a beta of 0.31. The company has a debt-to-equity ratio of 2.23, a quick ratio of 24.20 and a current ratio of 15.69. The business's 50-day simple moving average is GBX 128.02 and its 200 day simple moving average is GBX 127.27.

International Public Partnerships Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, September 12th will be issued a GBX 4.18 ($0.05) dividend. The ex-dividend date is Thursday, September 12th. This represents a dividend yield of 3.28%. This is a positive change from International Public Partnerships's previous dividend of $4.07. International Public Partnerships's payout ratio is presently 80,000.00%.

International Public Partnerships Company Profile

International Public Partnerships Limited specializes in investments in broader infrastructure sector with a focus on public or social infrastructure. The fund seeks acquisition opportunities that may be single assets, portfolios, shares in companies, or interest in partnerships. It also seeks to invest in private finance initiative and public private partnerships procurement model for public infrastructure in developed countries.