3i Group (LON:III) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

3i Group (LON:III) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,549.60 ($45.91) and traded as high as GBX 3,775 ($48.83). 3i Group shares last traded at GBX 3,736 ($48.32), with a volume of 1,753,144 shares traded.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reissued a “top pick” rating on shares of 3i Group in a research report on Tuesday, January 7th.

3i Group Stock Up 1.3 %

The stock has a market capitalization of £36.07 billion, a price-to-earnings ratio of 9.42, a PEG ratio of -0.35 and a beta of 1.01. The firm’s fifty day moving average is GBX 3,865.74 and its 200-day moving average is GBX 3,549.60. The company has a debt-to-equity ratio of 6.20, a current ratio of 3.25 and a quick ratio of 0.09.

About 3i Group

3i is an investment company with two complementary businesses, Private Equity and Infrastructure.

We focus on opportunities where our sector and investment expertise, combined with our international presence and strong capital position, can create material value for our stakeholders.