International Public Partnerships (LON:INPP) Share Price Passes Above 50 Day Moving Average – What’s Next?

Shares of International Public Partnerships (LON:INPP) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 128.02 ($1.67) and traded as high as GBX 129.73 ($1.69). International Public Partnerships shares last traded at GBX 128 ($1.67), with a volume of 4,596,167 shares.

International Public Partnerships Stock Up 0.1 %

The business has a fifty day simple moving average of GBX 128.02 and a 200 day simple moving average of GBX 127.27. The firm has a market cap of £2.43 billion, a price-to-earnings ratio of 12,936.00 and a beta of 0.31. The company has a debt-to-equity ratio of 2.23, a current ratio of 15.69 and a quick ratio of 24.20.

International Public Partnerships Increases Dividend

The company also recently announced 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. The ex-dividend date is Thursday, September 12th. This represents a dividend yield of 3.28%. This is a boost from International Public Partnerships’s previous dividend of $4.07. International Public Partnerships’s dividend payout ratio is presently 80,000.00%.

About International Public Partnerships

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.