Shares of 3i Group plc (OTCMKTS:TGOPY – Get Free Report) rose 2.5% during mid-day trading on Thursday . The stock traded as high as $22.33 and last traded at $22.25. Approximately 78,200 shares were traded during trading, a decline of 79% from the average daily volume of 376,455 shares. The stock had previously closed at $21.70.
3i Group Stock Performance
The company’s 50 day simple moving average is $21.40 and its two-hundred day simple moving average is $19.85.
3i Group Company Profile
3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.
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