Third Point Investors (LON:TPOU) Shares Up 0.8% – Should You Buy?

Shares of Third Point Investors Limited (LON:TPOU) were up 0.8% on Tuesday . The stock traded as high as GBX 25 ($0.31) and last traded at GBX 25 ($0.31). Approximately 893 shares were traded during trading, a decline of 96% from the average daily volume of 23,431 shares. The stock had previously closed at GBX 24.80 ($0.31).

Third Point Investors Price Performance

The company has a debt-to-equity ratio of 22.39, a current ratio of 3.80 and a quick ratio of 20.13. The stock has a fifty day simple moving average of GBX 24.22 and a 200-day simple moving average of GBX 22.87. The company has a market capitalization of £4.53 million, a price-to-earnings ratio of 47.17 and a beta of 0.55.

Third Point Investors Company Profile

Third Point Offshore Investors Limited is a close ended feeder fund launched and managed by Third Point LLC. The fund invests its entire corpus in Third Point Offshore Fund Ltd. It seeks to benchmark the performance of its portfolio against the S&P 500 TR USD. The fund was formed on July 20, 2007 and is domiciled in Guernsey, Channel Islands.