3i Group (LON:III) Reaches New 12-Month High – Still a Buy?

3i Group (LON:IIIGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 3,519 ($44.11) and last traded at GBX 3,519 ($44.11), with a volume of 6265795 shares. The stock had previously closed at GBX 3,468 ($43.47).

3i Group Stock Up 0.7 %

The firm has a market capitalization of £34.42 billion, a P/E ratio of 898.99, a PEG ratio of -0.35 and a beta of 1.01. The firm’s 50 day moving average is GBX 3,325.90 and its two-hundred day moving average is GBX 3,125.71. The company has a debt-to-equity ratio of 6.20, a current ratio of 3.23 and a quick ratio of 0.09.

3i Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, November 28th will be paid a GBX 30.50 ($0.38) dividend. The ex-dividend date is Thursday, November 28th. This represents a yield of 0.92%. 3i Group’s dividend payout ratio is 1,536.52%.

3i Group Company Profile

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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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