International Public Partnerships (LON:INPP – Get 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 ($1.57) 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.
International Public Partnerships Stock Down 1.3 %
The business’s 50 day simple moving average is GBX 113.78 and its 200 day simple moving average is GBX 121.36. The company has a market capitalization of £2.07 billion, a PE ratio of 47.72 and a beta of 0.31.
Insider Activity
In other International Public Partnerships news, insider John Le Poidevin purchased 86,972 shares of the stock in a transaction dated Tuesday, February 4th. The shares were acquired at an average price of GBX 114 ($1.47) per share, for a total transaction of £99,148.08 ($128,015.60). 0.14% of the stock is owned by company 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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