International Public Partnerships (LON:INPP) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

International Public Partnerships (LON:INPPGet Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 120.07 ($1.55) and traded as low as GBX 108.77 ($1.40). International Public Partnerships shares last traded at GBX 109.80 ($1.42), with a volume of 55,691,711 shares changing hands.

International Public Partnerships Price Performance

The firm has a market cap of £2.06 billion, a PE ratio of 47.37 and a beta of 0.31. The business’s 50 day moving average price is GBX 113.05 and its 200 day moving average price is GBX 120.01.

International Public Partnerships (LON:INPPGet Free Report) last posted its quarterly earnings data on Friday, March 28th. The company reported GBX 2 ($0.03) EPS for the quarter. International Public Partnerships had a return on equity of 1.54% and a net margin of 52.68%. As a group, analysts predict that International Public Partnerships will post 1060.0000297 earnings per share for the current year.

International Public Partnerships Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, June 9th. Shareholders of record on Thursday, April 24th will be issued a GBX 8.92 ($0.12) dividend. The ex-dividend date is Thursday, April 24th. This represents a yield of 1.09%. This is a positive change from International Public Partnerships’s previous dividend of $4.18. International Public Partnerships’s dividend payout ratio (DPR) is presently 345.14%.

Insider Transactions at International Public Partnerships

In related news, insider John Le Poidevin purchased 86,972 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The stock was purchased at an average price of GBX 114 ($1.47) per share, with a total value of £99,148.08 ($127,850.52). Insiders own 0.14% of the company’s stock.

International Public Partnerships Company Profile

(Get Free Report)

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.

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