3i Group plc (OTCMKTS:TGOPY – Get Free Report)’s share price rose 2% on Thursday . The stock traded as high as $23.10 and last traded at $22.89. Approximately 250,383 shares traded hands during mid-day trading, a decline of 2% from the average daily volume of 254,348 shares. The stock had previously closed at $22.45.
3i Group Stock Down 0.3 %
The company’s fifty day simple moving average is $22.90 and its two-hundred day simple moving average is $21.64.
3i Group Cuts Dividend
The company also recently declared a dividend, which will be paid on Monday, January 27th. Investors of record on Friday, November 29th will be issued a dividend of $0.1546 per share. The ex-dividend date of this dividend is Friday, November 29th.
3i Group Company Profile
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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