3i Group (LON:III) Reaches New 1-Year High – Here’s Why

3i Group (LON:III)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 4,078 ($50.76) and last traded at GBX 4,054 ($50.46), with a volume of 4479311 shares trading hands. The stock had previously closed at GBX 4,018 ($50.01).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reaffirmed a “top pick” rating on shares of 3i Group in a research report on Tuesday, January 7th.

3i Group Trading Up 0.8 %

The company has a current ratio of 3.23, a quick ratio of 0.09 and a debt-to-equity ratio of 6.20. The business has a 50 day moving average price of GBX 3,712.43 and a 200-day moving average price of GBX 3,406.66. The firm has a market capitalization of £39.05 billion, a PE ratio of 1,019.90, a P/E/G ratio of -0.35 and a beta of 1.01.

About 3i Group

3i is an investment company with two complementary businesses, Private Equity and Infrastructure.

We focus on opportunities where our sector and investment expertise, combined with our international presence and strong capital position, can create material value for our stakeholders.