Invesco Bond Income Plus (LON:BIPS) Trading 0.3% Higher – What’s Next?

Shares of Invesco Bond Income Plus Limited (LON:BIPS) shot up 0.3% during mid-day trading on Monday . The company traded as high as GBX 173.50 ($2.35) and last traded at GBX 173 ($2.35). 562,847 shares were traded during trading, an increase of 46% from the average session volume of 384,544 shares. The stock had previously closed at GBX 172.50 ($2.34).

Invesco Bond Income Plus Price Performance

The company has a debt-to-equity ratio of 12.95, a current ratio of 0.31 and a quick ratio of 0.09. The firm has a market capitalization of £351.32 million, a P/E ratio of 8.86 and a beta of 0.40. The company’s 50 day moving average price is GBX 170.24 and its 200 day moving average price is GBX 171.20.

Invesco Bond Income Plus (LON:BIPS) last announced its quarterly earnings data on Thursday, April 3rd. The company reported GBX 12.08 ($0.16) EPS for the quarter. Invesco Bond Income Plus had a return on equity of 11.70% and a net margin of 157.83%.

Invesco Bond Income Plus Company Profile

Managed by Rhys Davies and Edward Craven, the Company’s investment objective is to seek to obtain both high income and capital growth from investment, predominantly in high-yielding fixed-interest securities.