3i Infrastructure (LON:3IN) Sets New 1-Year High – Here’s What Happened

Shares of 3i Infrastructure plc (LON:3IN) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 367 and last traded at GBX 367, with a volume of 305387 shares traded. The stock had previously closed at GBX 365.

3i Infrastructure Stock Performance

The firm has a market cap of £3.33 billion, a P/E ratio of 10.00 and a beta of 0.50. The company has a debt-to-equity ratio of 15.26, a quick ratio of 0.57 and a current ratio of 0.85. The business’s 50-day simple moving average is GBX 356.36 and its 200 day simple moving average is GBX 347.47.

3i Infrastructure (LON:3IN) last released its quarterly earnings results on Tuesday, November 11th. The company reported GBX 28 earnings per share (EPS) for the quarter. 3i Infrastructure had a return on equity of 10.77% and a net margin of 92.78%. As a group, equities analysts predict that 3i Infrastructure plc will post 2039.0836962 earnings per share for the current year.

Insider Transactions at 3i Infrastructure

In other 3i Infrastructure news, insider Martin Magee acquired 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The shares were bought at an average price of GBX 367 per share, with a total value of £11,010. Also, insider Lisa Gordon bought 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The shares were acquired at an average price of GBX 376 per share, with a total value of £37,600. Insiders own 0.07% of the company’s stock.

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.