International Public Partnerships (LON:INPP) Reaches New 1-Year Low – Here’s Why

International Public Partnerships (LON:INPP)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 116.91 ($1.46) and last traded at GBX 117.54 ($1.47), with a volume of 1361935 shares traded. The stock had previously closed at GBX 119.80 ($1.49).

International Public Partnerships Price Performance

The company has a fifty day simple moving average of GBX 124.02 and a 200 day simple moving average of GBX 126.65. The stock has a market capitalization of £2.23 billion, a price-to-earnings ratio of 11,736.60 and a beta of 0.31. The company has a debt-to-equity ratio of 2.23, a quick ratio of 24.20 and a current ratio of 15.69.

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.