3i Group (LON:III) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

3i Group (LON:III)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 3,525.57 ($45.43) and traded as high as GBX 3,917 ($50.48). 3i Group shares last traded at GBX 3,824 ($49.28), with a volume of 2,079,076 shares.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reiterated a “top pick” rating on shares of 3i Group in a research note on Tuesday, January 7th.

3i Group Price Performance

The business has a fifty day moving average of GBX 3,847.52 and a two-hundred day moving average of GBX 3,525.57. The company has a debt-to-equity ratio of 6.20, a quick ratio of 0.09 and a current ratio of 3.25. The firm has a market capitalization of £36.41 billion, a price-to-earnings ratio of 9.51, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01.

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.