3i Group (LON:III) Stock Passes Above 200-Day Moving Average – Time to Sell?

3i Group (LON:III)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,098.50 ($39.05) and traded as high as GBX 3,385 ($42.66). 3i Group shares last traded at GBX 3,330 ($41.97), with a volume of 1,336,563 shares.

3i Group Stock Down 0.6 %

The company has a debt-to-equity ratio of 6.20, a quick ratio of 0.09 and a current ratio of 3.23. The firm’s 50-day simple moving average is GBX 3,285.58 and its 200 day simple moving average is GBX 3,104.22. The stock has a market capitalization of £33.04 billion, a P/E ratio of 863.17, a PEG ratio of -0.35 and a beta of 1.01.

3i Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, November 28th will be paid a GBX 30.50 ($0.38) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 0.92%. 3i Group’s dividend payout ratio (DPR) is currently 1,536.52%.

3i Group Company Profile

3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.