3i Group (LON:III) Hits New 52-Week High at $2,182.00

3i Group (LON:III)’s share price hit a new 52-week high on Tuesday . The stock traded as high as GBX 2,182 ($27.30) and last traded at GBX 2,159 ($27.01), with a volume of 1146537 shares. The stock had previously closed at GBX 2,171 ($27.16).

3i Group Trading Up 0.0 %

The company has a quick ratio of 0.09, a current ratio of 2.34 and a debt-to-equity ratio of 4.66. The company has a market cap of £21.02 billion, a P/E ratio of 455.49, a PEG ratio of -0.35 and a beta of 1.02. The firm’s 50 day moving average is GBX 2,036.98 and its two-hundred day moving average is GBX 1,964.13.

3i Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 12th. Investors of record on Thursday, November 30th will be paid a GBX 26.50 ($0.33) dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a dividend yield of 1.3%. 3i Group’s dividend payout ratio is 1,118.14%.

Insider Buying and Selling

In other 3i Group news, insider Jasi Halai acquired 440 shares of 3i Group stock in a transaction that occurred on Wednesday, September 27th. The shares were bought at an average price of GBX 2,031 ($25.41) per share, with a total value of £8,936.40 ($11,180.28). 3.54% of the stock is currently owned by insiders.

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.