3i Group (LON:III) Sets New 1-Year High – Here’s Why

Shares of 3i Group (LON:III) hit a new 52-week high during trading on Monday . The company traded as high as GBX 3,931 ($48.30) and last traded at GBX 3,931 ($48.30), with a volume of 6815034 shares traded. The stock had previously closed at GBX 3,897.84 ($47.89).

Analyst Ratings Changes

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

3i Group Price Performance

The company has a market cap of £37.06 billion, a P/E ratio of 967.99, a PEG ratio of -0.35 and a beta of 1.01. The company has a debt-to-equity ratio of 6.20, a quick ratio of 0.09 and a current ratio of 3.23. The company has a fifty day moving average price of GBX 3,668.68 and a two-hundred day moving average price of GBX 3,360.90.

3i Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 10th. Stockholders of record on Thursday, November 28th were issued a GBX 30.50 ($0.37) dividend. This represents a dividend yield of 0.92%. The ex-dividend date of this dividend was Thursday, November 28th. 3i Group’s payout ratio is presently 1,536.52%.

3i Group Company Profile

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.