3i Group (OTCMKTS:TGOPY) Hits New 12-Month High – Still a Buy?

3i Group plc (OTCMKTS:TGOPYGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $26.24 and last traded at $26.21, with a volume of 111260 shares changing hands. The stock had previously closed at $25.73.

3i Group Stock Up 1.9 %

The company has a fifty day moving average price of $23.54 and a two-hundred day moving average price of $22.39.

About 3i Group

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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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