International Public Partnerships (LON:INPP) Share Price Passes Below 200 Day Moving Average – Here’s Why

International Public Partnerships (LON:INPP)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 126.74 ($1.59) and traded as low as GBX 119.80 ($1.50). International Public Partnerships shares last traded at GBX 121.20 ($1.52), with a volume of 296,035 shares changing hands.

International Public Partnerships Stock Up 1.0 %

The company has a market cap of £2.30 billion, a P/E ratio of 12,120.00 and a beta of 0.31. The company has a 50-day simple moving average of GBX 124.48 and a 200 day simple moving average of GBX 126.74. The company has a current ratio of 15.69, a quick ratio of 24.20 and a debt-to-equity ratio of 2.23.

International Public Partnerships Company Profile

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.