International Public Partnerships (LON:INPP) Shares Cross Above 50 Day Moving Average – Here’s What Happened

International Public Partnerships (LON:INPP) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 126.41 and traded as high as GBX 129.40. International Public Partnerships shares last traded at GBX 129, with a volume of 3,824,811 shares changing hands.

International Public Partnerships Stock Performance

The company has a market capitalization of £2.32 billion, a PE ratio of 18.88 and a beta of 0.31. The company has a 50 day moving average price of GBX 126.41 and a 200 day moving average price of GBX 124.02.

Insiders Place Their Bets

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

International Public Partnerships Company Profile

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.