Invesco Bond Income Plus (LON:BIPS) Stock Price Up 0.3% – Here’s What Happened

Invesco Bond Income Plus Limited (LON:BIPS) rose 0.3% during mid-day trading on Monday . The stock traded as high as GBX 175 ($2.38) and last traded at GBX 174.50 ($2.37). Approximately 411,923 shares changed hands during mid-day trading, an increase of 3% from the average daily volume of 400,484 shares. The stock had previously closed at GBX 174 ($2.37).

Invesco Bond Income Plus Trading Up 0.3%

The firm’s 50-day moving average price is GBX 172.91 and its 200-day moving average price is GBX 171.93. The company has a quick ratio of 0.09, a current ratio of 0.31 and a debt-to-equity ratio of 12.95. The company has a market cap of £384.91 million, a P/E ratio of 1,317.98 and a beta of 0.40.

Invesco Bond Income Plus (LON:BIPS) last posted its quarterly earnings results on Friday, August 15th. The company reported GBX 6.26 earnings per share (EPS) for the quarter. Invesco Bond Income Plus had a net margin of 157.83% and a return on equity of 11.70%.

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.