International Public Partnerships (LON:INPP) Sets New 1-Year Low – Time to Sell?

International Public Partnerships (LON:INPPGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 108.60 ($1.40) and last traded at GBX 109 ($1.41), with a volume of 3802236 shares trading hands. The stock had previously closed at GBX 111.20 ($1.44).

International Public Partnerships Stock Up 1.9 %

The stock has a market cap of £2.06 billion, a P/E ratio of 47.37 and a beta of 0.31. The company’s 50 day moving average price is GBX 114.38 and its 200-day moving average price is GBX 121.94.

Insider Buying and Selling

In other news, insider John Le Poidevin bought 86,972 shares of the stock in a transaction that occurred on Tuesday, February 4th. The stock was acquired at an average price of GBX 114 ($1.47) per share, with a total value of £99,148.08 ($128,247.42). 0.14% of the stock is owned by corporate insiders.

International Public Partnerships Company Profile

(Get Free Report)

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.

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