International Public Partnerships (LON:INPP) Reaches New 52-Week Low – Time to Sell?

International Public Partnerships (LON:INPP)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 119.60 ($1.50) and last traded at GBX 119.85 ($1.51), with a volume of 1900885 shares trading hands. The stock had previously closed at GBX 121.20 ($1.52).

International Public Partnerships Stock Performance

The firm’s 50 day moving average is GBX 126.06 and its 200 day moving average is GBX 127.07. The company has a debt-to-equity ratio of 2.23, a current ratio of 15.69 and a quick ratio of 24.20. The company has a market capitalization of £2.28 billion, a PE ratio of 12,020.00 and a beta of 0.31.

About International Public Partnerships

International Public Partnerships Limited specializes in investments in broader infrastructure sector with a focus on public or social infrastructure. The fund seeks acquisition opportunities that may be single assets, portfolios, shares in companies, or interest in partnerships. It also seeks to invest in private finance initiative and public private partnerships procurement model for public infrastructure in developed countries.