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Third Point Investors (LON:TPOU) Trading Down 1.8% - Here's What Happened

Third Point Investors logo with Financial Services background

Third Point Investors Limited (LON:TPOU - Get Free Report)'s stock price was down 1.8% on Wednesday . The company traded as low as GBX 23.70 ($0.32) and last traded at GBX 24.10 ($0.32). Approximately 64,382 shares traded hands during trading, an increase of 336% from the average daily volume of 14,772 shares. The stock had previously closed at GBX 24.55 ($0.33).

Third Point Investors Trading Down 2.1 %

The stock's 50-day moving average price is GBX 25.04 and its 200-day moving average price is GBX 24.62. The stock has a market cap of £421.38 million, a price-to-earnings ratio of 6.36 and a beta of 0.55.

About Third Point Investors

(Get Free Report)

Third Point Offshore Investors Limited is a close ended feeder fund launched and managed by Third Point LLC. The fund invests its entire corpus in Third Point Offshore Fund Ltd. It seeks to benchmark the performance of its portfolio against the S&P 500 TR USD. The fund was formed on July 20, 2007 and is domiciled in Guernsey, Channel Islands.

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