International Public Partnerships (LON:INPP) Shares Cross Below 50-Day Moving Average of $152.42

International Public Partnerships Limited (LON:INPP – Get Rating) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 152.42 ($1.89) and traded as low as GBX 152 ($1.88). International Public Partnerships shares last traded at GBX 152.60 ($1.89), with a volume of 3,310,648 shares.

International Public Partnerships Price Performance

The business’s 50 day simple moving average is GBX 152.36 and its 200 day simple moving average is GBX 156.01. The company has a market capitalization of £2.91 billion and a PE ratio of 846.67. The company has a quick ratio of 24.20, a current ratio of 24.20 and a debt-to-equity ratio of 6.18.

International Public Partnerships Company Profile

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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.