International Public Partnerships (LON:INPP) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

International Public Partnerships (LON:INPPGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 121.47 ($1.58) and traded as low as GBX 110.99 ($1.44). International Public Partnerships shares last traded at GBX 112 ($1.45), with a volume of 4,462,692 shares traded.

International Public Partnerships Stock Up 0.2 %

The firm has a market capitalization of £2.10 billion, a price-to-earnings ratio of 48.32 and a beta of 0.31. The firm’s 50 day moving average is GBX 113.84 and its 200 day moving average is GBX 121.47.

Insider Buying and Selling

In related news, insider John Le Poidevin acquired 86,972 shares of the company’s stock in a transaction on Tuesday, February 4th. The shares were purchased at an average price of GBX 114 ($1.48) per share, for a total transaction of £99,148.08 ($128,563.38). 0.14% of the stock is currently owned by company insiders.

About International Public Partnerships

(Get Free Report)

INPP is a global infrastructure fund that invests in high-quality infrastructure projects and businesses that are sustainable over the long-term. INPP aims to provide our investors with stable, long-term, inflation-linked returns, based on growing dividends and the potential for capital appreciation.

Further Reading

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