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 118.08 ($1.49) and traded as high as GBX 122.40 ($1.54). International Public Partnerships shares last traded at GBX 122 ($1.54), with a volume of 4,767,413 shares.
International Public Partnerships Stock Down 0.8 %
The company has a market capitalization of £2.23 billion, a P/E ratio of 51.34 and a beta of 0.31. The company's 50-day simple moving average is GBX 117.75 and its 200 day simple moving average is GBX 124.07.
Insiders Place Their Bets
In other news, insider John Le Poidevin acquired 86,972 shares of International Public Partnerships stock in a transaction dated Tuesday, February 4th. The stock was acquired at an average cost of GBX 114 ($1.43) per share, for a total transaction of £99,148.08 ($124,793.05). Insiders own 0.14% of the company's stock.
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.
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