3i Group (LON:III) Stock Passes Above 200-Day Moving Average – Time to Sell?

3i Group (LON:III)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,193.32 ($40.30) and traded as high as GBX 3,667 ($46.28). 3i Group shares last traded at GBX 3,646 ($46.02), with a volume of 488,849 shares.

3i Group Stock Performance

The company has a 50-day moving average of GBX 3,418.56 and a 200 day moving average of GBX 3,193.32. The company has a quick ratio of 0.09, a current ratio of 3.23 and a debt-to-equity ratio of 6.20. The firm has a market capitalization of £35.16 billion, a PE ratio of 918.39, a PEG ratio of -0.35 and a beta of 1.01.

3i Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, November 28th will be paid a dividend of GBX 30.50 ($0.38) per share. This represents a yield of 0.92%. The ex-dividend date is Thursday, November 28th. 3i Group’s dividend payout ratio (DPR) is currently 1,536.52%.

About 3i Group

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.