JPMorgan Chase & Co. reiterated their top pick rating on shares of 3i Group (LON:III - Free Report) in a report released on Tuesday morning, MarketBeat reports.
3i Group Stock Performance
Shares of LON III traded up GBX 33 ($0.41) during mid-day trading on Tuesday, reaching GBX 3,655 ($45.60). 924,336 shares of the company were exchanged, compared to its average volume of 2,599,045. 3i Group has a twelve month low of GBX 2,269 ($28.31) and a twelve month high of GBX 3,779 ($47.14). The stock has a market capitalization of £35.25 billion, a P/E ratio of 920.65, a P/E/G ratio of -0.35 and a beta of 1.01. The company's 50-day simple moving average is GBX 3,519.01 and its 200-day simple moving average is GBX 3,271.38. The company has a quick ratio of 0.09, a current ratio of 3.23 and a debt-to-equity ratio of 6.20.
3i Group Cuts Dividend
The company also recently announced a dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, November 28th will be given a GBX 30.50 ($0.38) dividend. This represents a dividend yield of 0.92%. The ex-dividend date is Thursday, November 28th. 3i Group's payout ratio is 1,536.52%.
About 3i Group
(
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3i is an investment company with two complementary businesses, Private Equity and Infrastructure.
We focus on opportunities where our sector and investment expertise, combined with our international presence and strong capital position, can create material value for our stakeholders.
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