3i Group (LON:III) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

3i Group (LON:III) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3,581.57 ($46.11) and traded as high as GBX 3,765 ($48.47). 3i Group shares last traded at GBX 3,740.87 ($48.16), with a volume of 2,372,217 shares.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. restated a “top pick” rating on shares of 3i Group in a report on Tuesday, January 7th.

3i Group Trading Down 0.8 %

The firm has a market cap of £36.10 billion, a price-to-earnings ratio of 9.43, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. The business has a 50 day moving average price of GBX 3,887.18 and a 200-day moving average price of GBX 3,582.99. The company has a quick ratio of 0.09, a current ratio of 3.25 and a debt-to-equity ratio of 6.20.

About 3i Group

3i is an investment company with two complementary businesses, Private Equity and Infrastructure.

We focus on opportunities where our sector and investment expertise, combined with our international presence and strong capital position, can create material value for our stakeholders.