3i Infrastructure (LON:3IN) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

3i Infrastructure plc (LON:3IN)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 321.94 ($4.33) and traded as high as GBX 353 ($4.75). 3i Infrastructure shares last traded at GBX 348.50 ($4.69), with a volume of 1,979,166 shares.

3i Infrastructure Stock Performance

The stock has a market capitalization of £3.21 billion, a PE ratio of 917.11 and a beta of 0.50. The company has a quick ratio of 0.57, a current ratio of 0.85 and a debt-to-equity ratio of 15.26. The firm has a 50 day moving average price of GBX 333.34 and a 200-day moving average price of GBX 321.94.

3i Infrastructure (LON:3IN) last announced its earnings results on Thursday, May 8th. The company reported GBX 36.10 ($0.49) earnings per share (EPS) for the quarter. 3i Infrastructure had a return on equity of 10.77% and a net margin of 92.78%. Research analysts expect that 3i Infrastructure plc will post 2039.0836962 EPS for the current fiscal year.

3i Infrastructure Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Investors of record on Thursday, March 27th were paid a GBX 11.50 ($0.15) dividend. This is an increase from 3i Infrastructure’s previous dividend of $6.33. This represents a yield of 3.22%. The ex-dividend date of this dividend was Thursday, March 27th. 3i Infrastructure’s dividend payout ratio (DPR) is presently 3,157.89%.

3i Infrastructure Company Profile

3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company, an approved UK Investment Trust, listed on the London Stock Exchange and regulated by the Jersey Financial Services Commission. The Company’s purpose is to deliver a long-term sustainable return to shareholders from investing in infrastructure.

3i Investments plc, a wholly-owned subsidiary of 3i Group plc, is authorised and regulated in the UK by the Financial Conduct Authority and acts as Investment Manager to 3i Infrastructure plc.