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

Shares of 3i Group (LON:III) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 3,485.46 ($44.20) and traded as high as GBX 4,124 ($52.30). 3i Group shares last traded at GBX 4,100 ($52.00), with a volume of 1,702,746 shares traded.

Analyst Upgrades and Downgrades

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

3i Group Price Performance

The company has a market capitalization of £39.05 billion, a price-to-earnings ratio of 10.20, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. The company has a 50-day moving average price of GBX 3,803.97 and a 200-day moving average price of GBX 3,485.46. The company has a debt-to-equity ratio of 6.20, a quick ratio of 0.09 and a current ratio of 3.25.

About 3i Group

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.