Third Point Investors Limited (LON:TPOU – Get Free Report) shares rose 1.1% during trading on Wednesday . The company traded as high as GBX 26.70 ($0.35) and last traded at GBX 26.60 ($0.34). Approximately 18,667 shares changed hands during mid-day trading, an increase of 24% from the average daily volume of 15,004 shares. The stock had previously closed at GBX 26.30 ($0.34).
Third Point Investors Price Performance
The company has a 50 day simple moving average of GBX 25.74 and a 200-day simple moving average of GBX 24.48. The stock has a market cap of £470.54 million, a P/E ratio of 7.10 and a beta of 0.55.
Third Point Investors Company Profile
Third Point Offshore Investors Limited is a close ended feeder fund launched and managed by Third Point LLC. The fund invests its entire corpus in Third Point Offshore Fund Ltd. It seeks to benchmark the performance of its portfolio against the S&P 500 TR USD. The fund was formed on July 20, 2007 and is domiciled in Guernsey, Channel Islands.
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