3i Group (OTCMKTS:TGOPY) Trading Up 1.4% – Here’s Why

Shares of 3i Group plc (OTCMKTS:TGOPYGet Free Report) shot up 1.4% on Monday . The stock traded as high as $27.38 and last traded at $27.32. 117,797 shares changed hands during trading, a decline of 36% from the average session volume of 184,658 shares. The stock had previously closed at $26.93.

Analyst Upgrades and Downgrades

Separately, Citigroup reaffirmed a “buy” rating on shares of 3i Group in a research note on Monday, February 3rd.

Get Our Latest Stock Analysis on 3i Group

3i Group Stock Performance

The company’s 50 day simple moving average is $26.23 and its two-hundred day simple moving average is $24.56.

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.

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