International Public Partnerships (LON:INPP) Stock Passes Above 50-Day Moving Average – Here’s Why

International Public Partnerships (LON:INPPGet Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 117.39 ($1.48) and traded as high as GBX 117.60 ($1.48). International Public Partnerships shares last traded at GBX 116.80 ($1.47), with a volume of 6,707,381 shares traded.

International Public Partnerships Trading Down 0.0 %

The company has a market capitalization of £2.19 billion, a PE ratio of 50.39 and a beta of 0.31. The firm has a 50 day simple moving average of GBX 117.39 and a two-hundred day simple moving average of GBX 123.81.

Insider Buying and Selling

In other International Public Partnerships news, insider John Le Poidevin acquired 86,972 shares of the stock in a transaction on Tuesday, February 4th. The shares were bought at an average price of GBX 114 ($1.43) per share, with a total value of £99,148.08 ($124,761.65). Corporate insiders own 0.14% of the company’s stock.

About International Public Partnerships

(Get Free Report)

INPP is a global infrastructure fund that invests in high-quality infrastructure projects and businesses that are sustainable over the long-term. INPP aims to provide our investors with stable, long-term, inflation-linked returns, based on growing dividends and the potential for capital appreciation.

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