Third Point Investors (LON:TPOU) Shares Up 1.2% – Should You Buy?

Third Point Investors Limited (LON:TPOUGet Free Report)’s stock price shot up 1.2% during trading on Tuesday . The stock traded as high as GBX 26.45 ($0.33) and last traded at GBX 26.10 ($0.32). 4,240 shares traded hands during trading, a decline of 70% from the average session volume of 14,143 shares. The stock had previously closed at GBX 25.80 ($0.32).

Third Point Investors Stock Down 0.4 %

The company has a debt-to-equity ratio of 22.39, a current ratio of 3.80 and a quick ratio of 20.13. The business’s fifty day moving average price is GBX 24.84 and its two-hundred day moving average price is GBX 23.21. The stock has a market capitalization of £4.82 million, a PE ratio of 50.19 and a beta of 0.55.

About Third Point Investors

(Get Free Report)

Third Point Offshore Investors Limited is a close ended feeder fund launched and managed by Third Point LLC. The fund invests its entire corpus in Third Point Offshore Fund Ltd. It seeks to benchmark the performance of its portfolio against the S&P 500 TR USD. The fund was formed on July 20, 2007 and is domiciled in Guernsey, Channel Islands.

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