International Public Partnerships (LON:INPP – Get Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 121.47 ($1.57) and traded as low as GBX 110.99 ($1.43). International Public Partnerships shares last traded at GBX 112 ($1.45), with a volume of 4,462,692 shares changing hands.
International Public Partnerships Price Performance
The firm has a market capitalization of £2.07 billion, a P/E ratio of 47.72 and a beta of 0.31. The firm’s fifty day moving average price is GBX 113.78 and its 200-day moving average price is GBX 121.36.
Insiders Place Their Bets
In other news, insider John Le Poidevin bought 86,972 shares of the stock in a transaction that occurred on Tuesday, February 4th. The shares were purchased at an average cost of GBX 114 ($1.47) per share, with a total value of £99,148.08 ($128,015.60). 0.14% of the stock is currently owned by insiders.
About International Public Partnerships
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.
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