International Public Partnerships (LON:INPP) Shares Cross Below 200 Day Moving Average – Time to Sell?

International Public Partnerships (LON:INPP) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 126.93 ($1.59) and traded as low as GBX 119.21 ($1.49). International Public Partnerships shares last traded at GBX 119.80 ($1.50), with a volume of 749,562 shares traded.

International Public Partnerships Price Performance

The company has a market cap of £2.28 billion, a PE ratio of 11,980.00 and a beta of 0.31. The company has a debt-to-equity ratio of 2.23, a current ratio of 15.69 and a quick ratio of 24.20. The stock’s 50-day moving average is GBX 125.54 and its 200 day moving average is GBX 126.93.

About International Public Partnerships

International Public Partnerships Limited specializes in investments in broader infrastructure sector with a focus on public or social infrastructure. The fund seeks acquisition opportunities that may be single assets, portfolios, shares in companies, or interest in partnerships. It also seeks to invest in private finance initiative and public private partnerships procurement model for public infrastructure in developed countries.