International Public Partnerships (LON:INPP) Share Price Passes Above 50 Day Moving Average of $124.88

International Public Partnerships (LON:INPP) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 124.88 ($1.57) and traded as high as GBX 129.50 ($1.63). International Public Partnerships shares last traded at GBX 128.80 ($1.62), with a volume of 3,388,893 shares changing hands.

International Public Partnerships Stock Up 0.2 %

The company has a quick ratio of 24.20, a current ratio of 10.13 and a debt-to-equity ratio of 3.61. The company’s fifty day moving average price is GBX 124.88 and its 200-day moving average price is GBX 127.45. The stock has a market capitalization of £2.46 billion, a PE ratio of 2,576.00 and a beta of 0.26.

International Public Partnerships Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, April 11th will be paid a dividend of GBX 4.07 ($0.05) per share. This is a boost from International Public Partnerships’s previous dividend of $4.06. The ex-dividend date of this dividend is Thursday, April 11th. This represents a yield of 3.24%. International Public Partnerships’s payout ratio is presently 16,000.00%.

International Public Partnerships Company Profile

International Public Partnerships Limited specializes in investments in broader infrastructure sector with a focus on public or social infrastructure. The fund seeks acquisition opportunities that may be single assets, portfolios, shares in companies, or interest in partnerships. It also seeks to invest in private finance initiative and public private partnerships procurement model for public infrastructure in developed countries.