Invesco Bond Income Plus (LON:BIPS) Trading Down 0.3% – What’s Next?

Invesco Bond Income Plus Limited (LON:BIPS)’s stock price traded down 0.3% on Thursday . The stock traded as low as GBX 173.50 and last traded at GBX 173.94. 674,747 shares traded hands during trading, a decline of 5% from the average session volume of 708,401 shares. The stock had previously closed at GBX 174.50.

Invesco Bond Income Plus Stock Performance

The company has a debt-to-equity ratio of 12.95, a quick ratio of 0.09 and a current ratio of 0.31. The company has a 50-day simple moving average of GBX 174.66 and a 200 day simple moving average of GBX 174.08. The company has a market capitalization of £423.13 million, a P/E ratio of 13.18 and a beta of 0.40.

Insider Transactions at Invesco Bond Income Plus

In related news, insider Caroline Dutot bought 57,140 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was purchased at an average cost of GBX 175 per share, for a total transaction of £99,995. Company insiders own 0.45% of the company’s stock.

About Invesco Bond Income Plus

Managed by Rhys Davies and Edward Craven, the Company’s investment objective is to seek to obtain both high income and capital growth from investment, predominantly in high-yielding fixed-interest securities.