International Public Partnerships (LON:INPP) Stock Price Passes Above 50-Day Moving Average of $128.16

International Public Partnerships (LON:INPP)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 128.16 ($1.69) and traded as high as GBX 128.34 ($1.69). International Public Partnerships shares last traded at GBX 127.60 ($1.68), with a volume of 4,147,460 shares traded.

International Public Partnerships Stock Up 0.8 %

The company has a quick ratio of 24.20, a current ratio of 15.69 and a debt-to-equity ratio of 2.23. The company has a market capitalization of £2.50 billion, a PE ratio of 13,180.00 and a beta of 0.31. The company’s 50 day moving average is GBX 128.25 and its two-hundred day moving average is GBX 126.19.

International Public Partnerships Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, September 12th will be issued a dividend of GBX 4.18 ($0.05) per share. This represents a dividend yield of 3.28%. The ex-dividend date is Thursday, September 12th. This is an increase from International Public Partnerships’s previous dividend of $4.07. International Public Partnerships’s dividend payout ratio is 80,000.00%.

Insider Transactions at International Public Partnerships

In other news, insider Meriel Lenfestey acquired 8,000 shares of International Public Partnerships stock in a transaction on Monday, June 24th. The shares were acquired at an average price of GBX 126 ($1.66) per share, with a total value of £10,080 ($13,254.44). In other International Public Partnerships news, insider Meriel Lenfestey acquired 8,000 shares of the stock in a transaction on Monday, June 24th. The stock was acquired at an average price of GBX 126 ($1.66) per share, for a total transaction of £10,080 ($13,254.44). Also, insider Julia Bond acquired 1,608 shares of the company’s stock in a transaction on Thursday, July 11th. The stock was acquired at an average cost of GBX 129 ($1.70) per share, with a total value of £2,074.32 ($2,727.57). Over the last three months, insiders have bought 25,113 shares of company stock valued at $3,184,567. 0.14% of the stock is currently owned by insiders.

International Public Partnerships Company Profile

International Public Partnerships Limited specializes in investments in broader infrastructure sector with a focus on public or social infrastructure. The fund seeks acquisition opportunities that may be single assets, portfolios, shares in companies, or interest in partnerships. It also seeks to invest in private finance initiative and public private partnerships procurement model for public infrastructure in developed countries.