3i Group (OTCMKTS:TGOPY) Hits New 52-Week High – Should You Buy?

Shares of 3i Group plc (OTCMKTS:TGOPYGet Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $24.50 and last traded at $24.34, with a volume of 136281 shares trading hands. The stock had previously closed at $24.08.

3i Group Stock Performance

The stock has a 50-day moving average of $23.21 and a 200-day moving average of $21.95.

3i Group Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, January 27th. Investors of record on Friday, November 29th were given a $0.1546 dividend. The ex-dividend date of this dividend was Friday, November 29th.

3i Group Company Profile

(Get Free Report)

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.

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