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

3i Group (LON:IIIGet Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,549.60 ($45.91) and traded as high as GBX 3,775 ($48.83). 3i Group shares last traded at GBX 3,736 ($48.32), with a volume of 1,753,144 shares trading hands.

Analysts Set New Price Targets

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

Read Our Latest Research Report on III

3i Group Price Performance

The firm has a market cap of £36.07 billion, a price-to-earnings ratio of 9.42, a P/E/G ratio of -0.35 and a beta of 1.01. The company has a current ratio of 3.25, a quick ratio of 0.09 and a debt-to-equity ratio of 6.20. The stock’s fifty day moving average price is GBX 3,865.74 and its 200-day moving average price is GBX 3,549.60.

3i Group Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for 3i Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 3i Group and related companies with MarketBeat.com's FREE daily email newsletter.