Shares of 3i Infrastructure PLC (LON:3IN) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $285.00. 3i Infrastructure shares last traded at $284.00, with a volume of 351,733 shares.
Separately, Royal Bank of Canada cut 3i Infrastructure to a “sector performer” rating in a report on Friday, June 14th.
The stock’s fifty day simple moving average is GBX 288.81. The company has a market cap of $2.30 billion and a P/E ratio of 4.47.
3i Infrastructure plc is a closed-ended investment company that invests in infrastructure businesses and assets. The Company’s objective is to provide shareholders with a sustainable total return of 8% to 10% per annum, to be achieved over the medium term, with a progressive annual dividend per share.
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