International Public Partnerships (LON:INPP) Share Price Passes Below 200 Day Moving Average – What’s Next?

International Public Partnerships (LON:INPP)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 120.07 ($1.55) and traded as low as GBX 108.77 ($1.40). International Public Partnerships shares last traded at GBX 109.80 ($1.42), with a volume of 55,691,711 shares trading hands.

International Public Partnerships Price Performance

The business has a 50 day moving average price of GBX 113.05 and a two-hundred day moving average price of GBX 120.07. The stock has a market cap of £2.06 billion, a PE ratio of 47.37 and a beta of 0.31.

International Public Partnerships (LON:INPP) last announced its quarterly earnings results on Friday, March 28th. The company reported GBX 2 ($0.03) earnings per share for the quarter. International Public Partnerships had a net margin of 52.68% and a return on equity of 1.54%. On average, sell-side analysts forecast that International Public Partnerships will post 1060.0000297 earnings per share for the current fiscal year.

International Public Partnerships Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, June 9th. Investors of record on Thursday, April 24th will be issued a dividend of GBX 8.92 ($0.12) per share. This represents a yield of 1.09%. This is a positive change from International Public Partnerships’s previous dividend of $4.18. The ex-dividend date of this dividend is Thursday, April 24th. International Public Partnerships’s dividend payout ratio (DPR) is presently 345.14%.

Insiders Place Their Bets

In other International Public Partnerships news, insider John Le Poidevin acquired 86,972 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were acquired at an average cost of GBX 114 ($1.47) per share, with a total value of £99,148.08 ($127,900.00). 0.14% of the stock is currently owned by corporate insiders.

International Public Partnerships Company Profile

INPP is a global infrastructure fund that invests in high-quality infrastructure projects and businesses that are sustainable over the long-term. INPP aims to provide our investors with stable, long-term, inflation-linked returns, based on growing dividends and the potential for capital appreciation.