Invesco Bond Income Plus (LON:BIPS) Trading Down 0.3% – Should You Sell?

Invesco Bond Income Plus Limited (LON:BIPSGet Free Report)’s stock price dropped 0.3% on Thursday . The stock traded as low as GBX 173.50 and last traded at GBX 173.94. Approximately 674,747 shares were traded during mid-day trading, a decline of 5% from the average daily volume of 708,401 shares. The stock had previously closed at GBX 174.50.

Invesco Bond Income Plus Stock Performance

The company has a market cap of £421.76 million, a PE ratio of 13.14 and a beta of 0.40. The company has a debt-to-equity ratio of 12.95, a quick ratio of 0.09 and a current ratio of 0.31. The firm’s 50 day moving average is GBX 174.66 and its 200-day moving average is GBX 174.06.

Insider Activity

In related news, insider Caroline Dutot purchased 57,140 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was acquired at an average cost of GBX 175 per share, for a total transaction of £99,995. 0.45% of the stock is owned by company insiders.

About Invesco Bond Income Plus

(Get Free Report)

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.

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