3i Group (LON:III) Stock Passes Above 200-Day Moving Average – Time to Sell?

3i Group (LON:III)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,193.32 ($40.30) and traded as high as GBX 3,667 ($46.28). 3i Group shares last traded at GBX 3,646 ($46.02), with a volume of 488,849 shares changing hands.

3i Group Stock Performance

The company has a market cap of £35.16 billion, a PE ratio of 918.39, a P/E/G ratio of -0.35 and a beta of 1.01. The company has a current ratio of 3.23, a quick ratio of 0.09 and a debt-to-equity ratio of 6.20. The business has a fifty day moving average of GBX 3,418.56 and a 200-day moving average of GBX 3,193.32.

3i Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, November 28th will be issued a dividend of GBX 30.50 ($0.38) per share. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 0.92%. 3i Group’s dividend payout ratio is presently 1,536.52%.

3i Group Company Profile

3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.