3i Group (OTCMKTS:TGOPY) Sees Unusually-High Trading Volume – Here’s What Happened

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) saw strong trading volume on Tuesday . 937,877 shares traded hands during trading, an increase of 117% from the previous session’s volume of 432,269 shares.The stock last traded at $10.4850 and had previously closed at $10.58.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Citigroup reiterated a “buy” rating on shares of 3i Group in a research note on Friday, November 14th. Kepler Capital Markets lowered 3i Group from a “hold” rating to a “strong sell” rating in a research note on Friday, November 14th. Sanford C. Bernstein started coverage on 3i Group in a research note on Thursday, September 18th. They set an “outperform” rating for the company. Finally, UBS Group upgraded 3i Group from a “hold” rating to a “buy” rating in a research note on Thursday, October 2nd. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

3i Group Price Performance

The company has a 50-day moving average price of $12.93 and a two-hundred day moving average price of $19.04.

3i Group Company Profile

3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.