3i Group (OTCMKTS:TGOPY) Reaches New 52-Week Low – Here’s What Happened

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $9.50 and last traded at $9.51, with a volume of 566990 shares traded. The stock had previously closed at $10.10.

Analyst Upgrades and Downgrades

TGOPY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of 3i Group in a research note on Friday, January 30th. Royal Bank Of Canada downgraded shares of 3i Group from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

3i Group Trading Down 4.8%

The stock has a fifty day simple moving average of $11.00 and a 200 day simple moving average of $12.08.

3i Group Company Profile

3i Group plc is a London‑based international investment manager that specializes in private equity, infrastructure and debt investments. The company deploys capital both from its own balance sheet and through managed funds on behalf of institutional investors, targeting mid‑market buyouts, growth capital and core infrastructure assets. Its private equity activity typically focuses on acquiring, developing and exiting businesses through active ownership and operational improvement, while its infrastructure arm invests in long‑life assets that generate steady cash flows.

3i manages a portfolio of companies across a range of industry sectors, including business and financial services, industrials, consumer and healthcare, and technology.