Shares of 3i Group (LON:III – Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,400.12 ($42.34) and traded as high as GBX 4,043 ($50.34). 3i Group shares last traded at GBX 4,009.55 ($49.93), with a volume of 1,404,932 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. restated a “top pick” rating on shares of 3i Group in a research note on Tuesday, January 7th.
View Our Latest Research Report on 3i Group
3i Group Stock Down 0.3 %
3i Group Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, January 10th. Stockholders of record on Thursday, November 28th were paid a GBX 30.50 ($0.38) dividend. The ex-dividend date was Thursday, November 28th. This represents a dividend yield of 0.92%. 3i Group’s dividend payout ratio (DPR) is presently 1,536.52%.
3i Group Company Profile
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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