3i Group (LON:III) Hits New 12-Month High at $2,841.15

3i Group (LON:IIIGet Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 2,841.15 ($35.67) and last traded at GBX 2,841.15 ($35.67), with a volume of 54087 shares changing hands. The stock had previously closed at GBX 2,809 ($35.26).

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada restated an “outperform” rating and set a GBX 2,550 ($32.01) price objective on shares of 3i Group in a research note on Wednesday, December 6th.

View Our Latest Report on 3i Group

3i Group Trading Up 1.0 %

The company has a quick ratio of 0.09, a current ratio of 1.48 and a debt-to-equity ratio of 6.74. The firm’s 50 day moving average is GBX 2,504.74 and its two-hundred day moving average is GBX 2,291.76. The stock has a market cap of £27.60 billion, a price-to-earnings ratio of 610.65, a price-to-earnings-growth ratio of -0.35 and a beta of 1.03.

3i Group Company Profile

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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.

Further Reading

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