International Public Partnerships (LON:INPP) Stock Price Passes Above 50 Day Moving Average – Here’s Why

International Public Partnerships (LON:INPP)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 127.94 ($1.67) and traded as high as GBX 128.60 ($1.68). International Public Partnerships shares last traded at GBX 128 ($1.68), with a volume of 6,172,719 shares changing hands.

International Public Partnerships Stock Down 0.1 %

The firm has a fifty day simple moving average of GBX 127.94 and a 200-day simple moving average of GBX 126.60. The firm has a market cap of £2.43 billion, a price-to-earnings ratio of 12,800.00 and a beta of 0.31. The company has a debt-to-equity ratio of 2.23, a quick ratio of 24.20 and a current ratio of 15.69.

International Public Partnerships Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, September 12th will be issued a dividend of GBX 4.18 ($0.05) per share. This is an increase from International Public Partnerships’s previous dividend of $4.07. The ex-dividend date is Thursday, September 12th. This represents a yield of 3.28%. International Public Partnerships’s dividend payout ratio (DPR) is currently 80,000.00%.

Insider Buying and Selling at International Public Partnerships

In other International Public Partnerships news, insider Stephanie Coxon purchased 15,505 shares of the business’s stock in a transaction on Wednesday, July 24th. The stock was acquired at an average price of GBX 127 ($1.66) per share, with a total value of £19,691.35 ($25,770.65). Insiders own 0.14% of the company’s stock.

International Public Partnerships Company Profile

International Public Partnerships Limited specializes in investments in broader infrastructure sector with a focus on public or social infrastructure. The fund seeks acquisition opportunities that may be single assets, portfolios, shares in companies, or interest in partnerships. It also seeks to invest in private finance initiative and public private partnerships procurement model for public infrastructure in developed countries.