International Public Partnerships (LON:INPP) Stock Price Down 0.5% - What's Next?

International Public Partnerships (LON:INPP - Get Free Report)'s stock price dropped 0.5% during trading on Thursday . The stock traded as low as GBX 123.40 ($1.57) and last traded at GBX 124.20 ($1.58). Approximately 1,580,978 shares changed hands during mid-day trading, a decline of 57% from the average daily volume of 3,636,782 shares. The stock had previously closed at GBX 124.80 ($1.59).

International Public Partnerships Trading Up 0.2 %

The company's 50 day simple moving average is GBX 127.02 and its 200 day simple moving average is GBX 127.09. The firm has a market cap of £2.36 billion, a price-to-earnings ratio of 12,420.00 and a beta of 0.31. The company has a debt-to-equity ratio of 2.23, a current ratio of 15.69 and a quick ratio of 24.20.

About International Public Partnerships

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.