International Public Partnerships (LON:INPP) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

International Public Partnerships (LON:INPP) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 126.83 and traded as high as GBX 128.80. International Public Partnerships shares last traded at GBX 128.17, with a volume of 2,755,396 shares traded.

International Public Partnerships Price Performance

The company has a market capitalization of £2.32 billion, a PE ratio of 18.88 and a beta of 0.31. The company’s fifty day moving average is GBX 126.83 and its 200-day moving average is GBX 124.12.

Insider Activity at International Public Partnerships

In other news, insider Sarah Whitney acquired 12,459 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The shares were purchased at an average price of GBX 123 per share, with a total value of £15,324.57. Insiders own 0.20% of the company’s stock.

International Public Partnerships Company Profile

INPP is a global infrastructure fund that invests in high-quality infrastructure projects and businesses that are sustainable over the long-term. INPP aims to provide our investors with stable, long-term, inflation-linked returns, based on growing dividends and the potential for capital appreciation.