3i Group (OTCMKTS:TGOPY) Trading Up 2% – Here’s Why

3i Group plc (OTCMKTS:TGOPYGet Free Report)’s share price was up 2% on Thursday . The stock traded as high as $23.10 and last traded at $22.89. Approximately 250,383 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 254,348 shares. The stock had previously closed at $22.45.

3i Group Stock Up 2.0 %

The company’s fifty day simple moving average is $22.89 and its two-hundred day simple moving average is $21.61.

3i Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, January 27th. Shareholders of record on Friday, November 29th will be given a dividend of $0.1546 per share. The ex-dividend date is Friday, November 29th.

3i Group Company Profile

(Get Free Report)

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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