3i Infrastructure (LON:3IN) Stock Passes Above 200 Day Moving Average – What’s Next?

3i Infrastructure plc (LON:3IN)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 345.91 and traded as high as GBX 358.50. 3i Infrastructure shares last traded at GBX 356.50, with a volume of 1,498,561 shares traded.

3i Infrastructure Stock Performance

The firm has a market capitalization of £3.28 billion, a P/E ratio of 9.86 and a beta of 0.50. The company has a current ratio of 0.85, a quick ratio of 0.57 and a debt-to-equity ratio of 15.26. The company has a 50-day moving average of GBX 354.05 and a 200-day moving average of GBX 345.91.

3i Infrastructure Company Profile

3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company, an approved UK Investment Trust, listed on the London Stock Exchange and regulated by the Jersey Financial Services Commission. The Company’s purpose is to deliver a long-term sustainable return to shareholders from investing in infrastructure.

3i Investments plc, a wholly-owned subsidiary of 3i Group plc, is authorised and regulated in the UK by the Financial Conduct Authority and acts as Investment Manager to 3i Infrastructure plc.