Shares of Third Point Investors Limited (LON:TPOU – Get Free Report) dropped 0.8% during mid-day trading on Monday . The stock traded as low as GBX 24.90 ($0.32) and last traded at GBX 24.95 ($0.32). Approximately 18,291 shares changed hands during trading, a decline of 25% from the average daily volume of 24,242 shares. The stock had previously closed at GBX 25.15 ($0.32).
Third Point Investors Stock Down 0.6 %
The stock has a market capitalization of £4.52 million, a P/E ratio of 47.08 and a beta of 0.55. The firm’s fifty day moving average is GBX 23.57 and its 200-day moving average is GBX 22.54. The company has a current ratio of 3.80, a quick ratio of 20.13 and a debt-to-equity ratio of 22.39.
About Third Point Investors
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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