International Public Partnerships (LON:INPP) Reaches New 52-Week Low – Here’s What Happened

International Public Partnerships (LON:INPP) shares hit a new 52-week low on Monday . The company traded as low as GBX 105.98 ($1.35) and last traded at GBX 106.46 ($1.36), with a volume of 522670 shares changing hands. The stock had previously closed at GBX 109.80 ($1.40).

International Public Partnerships Trading Down 1.3 %

The firm has a market capitalization of £2.05 billion, a PE ratio of 47.20 and a beta of 0.31. The business has a 50 day moving average price of GBX 113.08 and a 200-day moving average price of GBX 119.66.

International Public Partnerships (LON:INPP) last issued its earnings results on Friday, March 28th. The company reported GBX 2 ($0.03) EPS for the quarter. International Public Partnerships had a net margin of 52.68% and a return on equity of 1.54%. On average, equities research analysts forecast that International Public Partnerships will post 1060.0000297 earnings per share for the current year.

International Public Partnerships Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, June 9th. Stockholders of record on Thursday, April 24th will be paid a dividend of GBX 8.92 ($0.11) per share. This is a positive change from International Public Partnerships’s previous dividend of $4.18. The ex-dividend date of this dividend is Thursday, April 24th. This represents a dividend yield of 1.09%. International Public Partnerships’s payout ratio is 345.14%.

Insider Buying and Selling at International Public Partnerships

In other International Public Partnerships news, insider John Le Poidevin purchased 86,972 shares of the stock in a transaction dated Tuesday, February 4th. The shares were acquired at an average cost of GBX 114 ($1.46) per share, for a total transaction of £99,148.08 ($126,690.62). 0.14% of the stock is owned by corporate insiders.

About International Public Partnerships

INPP is a global infrastructure fund that invests in high-quality infrastructure projects and businesses that are sustainable over the long-term. INPP aims to provide our investors with stable, long-term, inflation-linked returns, based on growing dividends and the potential for capital appreciation.