3i Group (LON:III) Reaches New 1-Year High – Should You Buy?

3i Group (LON:III)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 3,693 ($46.88) and last traded at GBX 3,682 ($46.74), with a volume of 10441002 shares trading hands. The stock had previously closed at GBX 3,657 ($46.42).

3i Group Stock Performance

The company has a debt-to-equity ratio of 6.20, a quick ratio of 0.09 and a current ratio of 3.23. The company’s 50 day moving average is GBX 3,351.98 and its 200 day moving average is GBX 3,144.08. The firm has a market cap of £35.49 billion, a P/E ratio of 925.44, a P/E/G ratio of -0.35 and a beta of 1.01.

3i Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, November 28th will be paid a GBX 30.50 ($0.39) dividend. This represents a dividend yield of 0.92%. The ex-dividend date of this dividend is Thursday, November 28th. 3i Group’s dividend payout ratio (DPR) is 1,536.52%.

3i Group Company Profile

3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.