3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY – Get Free Report)’s stock price shot up 5.2% during mid-day trading on Friday. The stock traded as high as $8.29 and last traded at $8.28. Approximately 17,220 shares were traded during mid-day trading, a decline of 99% from the average session volume of 1,344,142 shares. The stock had previously closed at $7.87.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of 3i Group in a research note on Friday, August 28th. Two analysts have rated the stock with a Buy rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold”.
Get Our Latest Stock Report on 3i Group
3i Group Stock Up 2.2%
The firm’s 50 day moving average is $9.06 and its two-hundred day moving average is $8.69.
About 3i Group
3i Group plc is an international investment company headquartered in London, United Kingdom. It invests in and supports businesses through two principal areas: private equity and infrastructure. The company typically takes significant or controlling interests in established businesses, working with management teams to support growth, operational development and long-term value creation.
Through its private equity activities, 3i focuses primarily on mid-market companies, particularly in Northern Europe.
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