3i Infrastructure (LON:3IN) Reaches New 12-Month Low – What’s Next?

Shares of 3i Infrastructure plc (LON:3IN) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 307 ($3.78) and last traded at GBX 313 ($3.85), with a volume of 565140 shares trading hands. The stock had previously closed at GBX 315 ($3.88).

3i Infrastructure Stock Down 1.5 %

The company has a debt-to-equity ratio of 15.26, a current ratio of 0.85 and a quick ratio of 0.57. The stock has a market capitalization of £2.84 billion, a P/E ratio of 811.02 and a beta of 0.50. The stock’s fifty day moving average is GBX 321.86 and its two-hundred day moving average is GBX 331.52.

3i Infrastructure Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, January 13th. Stockholders of record on Thursday, November 21st will be paid a dividend of GBX 6.33 ($0.08) per share. The ex-dividend date of this dividend is Thursday, November 21st. This is a positive change from 3i Infrastructure’s previous dividend of $5.95. This represents a dividend yield of 1.88%. 3i Infrastructure’s dividend payout ratio (DPR) is currently 3,157.89%.

Insider Transactions at 3i Infrastructure

In other news, insider Martin Magee purchased 3,000 shares of the business’s stock in a transaction dated Tuesday, November 12th. The shares were acquired at an average price of GBX 336 ($4.13) per share, for a total transaction of £10,080 ($12,403.10). Also, insider Douglas Bannister purchased 6,115 shares of 3i Infrastructure stock in a transaction that occurred on Tuesday, November 19th. The stock was purchased at an average price of GBX 327 ($4.02) per share, with a total value of £19,996.05 ($24,604.47). 0.01% of the stock is owned by insiders.

3i Infrastructure Company Profile

3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company, an approved UK Investment Trust, listed on the London Stock Exchange and regulated by the Jersey Financial Services Commission. The Company’s purpose is to deliver a long-term sustainable return to shareholders from investing in infrastructure.

3i Investments plc, a wholly-owned subsidiary of 3i Group plc, is authorised and regulated in the UK by the Financial Conduct Authority and acts as Investment Manager to 3i Infrastructure plc.