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Third Point Investors (LON:TPOU) Trading Up 1.1% - Time to Buy?

Third Point Investors logo with Financial Services background

Third Point Investors Limited (LON:TPOU - Get Free Report) shares shot up 1.1% on Wednesday . The stock traded as high as GBX 26.70 ($0.35) and last traded at GBX 26.60 ($0.34). 18,667 shares traded hands during mid-day trading, an increase of 24% from the average session volume of 15,004 shares. The stock had previously closed at GBX 26.30 ($0.34).

Third Point Investors Stock Up 1.6 %

The firm has a 50-day moving average price of GBX 25.74 and a two-hundred day moving average price of GBX 24.48. The company has a market capitalization of £470.54 million, a P/E ratio of 7.10 and a beta of 0.55.

Third Point Investors Company Profile

(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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