3i Group (LON:III) Reaches New 1-Year High – Here’s What Happened

3i Group (LON:IIIGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 3,744 ($47.57) and last traded at GBX 3,726 ($47.34), with a volume of 2793105 shares trading hands. The stock had previously closed at GBX 3,709 ($47.13).

3i Group Stock Up 0.9 %

The company has a debt-to-equity ratio of 6.20, a current ratio of 3.23 and a quick ratio of 0.09. The firm has a market cap of £36.42 billion, a PE ratio of 943.07, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. The company has a 50-day simple moving average of GBX 3,378.80 and a 200-day simple moving average of GBX 3,162.65.

3i Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, November 28th will be paid a GBX 30.50 ($0.39) dividend. This represents a yield of 0.92%. The ex-dividend date of this dividend is Thursday, November 28th. 3i Group’s dividend payout ratio (DPR) is 1,536.52%.

About 3i Group

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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.

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