International Public Partnerships (LON:INPP) Shares Pass Below 200-Day Moving Average of $128.10

International Public Partnerships (LON:INPP) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 128.10 ($1.63) and traded as low as GBX 121.60 ($1.55). International Public Partnerships shares last traded at GBX 122 ($1.55), with a volume of 3,488,449 shares trading hands.

International Public Partnerships Price Performance

The stock’s 50-day moving average is GBX 125.01 and its 200 day moving average is GBX 128.10. The stock has a market capitalization of £2.32 billion, a PE ratio of 12,200.00 and a beta of 0.31. The company has a quick ratio of 24.20, a current ratio of 15.69 and a debt-to-equity ratio of 2.23.

International Public Partnerships Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, April 11th will be given a dividend of GBX 4.07 ($0.05) per share. The ex-dividend date of this dividend is Thursday, April 11th. This is an increase from International Public Partnerships’s previous dividend of $4.06. This represents a yield of 3.24%. International Public Partnerships’s payout ratio is presently 80,000.00%.

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.