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International Public Partnerships (LON:INPP) Stock Price Passes Below 200-Day Moving Average - Here's Why

International Public Partnerships logo with Financial Services background

International Public Partnerships (LON:INPP - Get Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 121.47 ($1.57) and traded as low as GBX 110.99 ($1.43). International Public Partnerships shares last traded at GBX 112 ($1.45), with a volume of 4,462,692 shares.

International Public Partnerships Trading Down 0.5 %

The company has a market capitalization of £2.06 billion, a PE ratio of 47.46 and a beta of 0.31. The business has a fifty day moving average of GBX 113.78 and a 200 day moving average of GBX 121.29.

Insider Activity

In related news, insider John Le Poidevin bought 86,972 shares of the stock in a transaction that occurred on Tuesday, February 4th. The stock was purchased at an average cost of GBX 114 ($1.47) per share, with a total value of £99,148.08 ($128,032.13). Insiders own 0.14% of the company's stock.

About International Public Partnerships

(Get Free Report)

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.

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