International Public Partnerships (LON:INPP) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

International Public Partnerships (LON:INPPGet Free Report)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 125.41 and traded as high as GBX 127.80. International Public Partnerships shares last traded at GBX 125.80, with a volume of 9,387,045 shares changing hands.

International Public Partnerships Stock Up 0.1%

The business has a 50 day moving average price of GBX 125.41 and a two-hundred day moving average price of GBX 123.84. The stock has a market cap of £2.28 billion, a P/E ratio of 18.55 and a beta of 0.31.

Insiders Place Their Bets

In related news, insider Sarah Whitney acquired 62,541 shares of the business’s stock in a transaction on Wednesday, December 3rd. The stock was acquired at an average cost of GBX 123 per share, with a total value of £76,925.43. 0.20% of the stock is owned by insiders.

About International Public Partnerships

(Get Free Report)

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.

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