International Public Partnerships (LON:INPP) Share Price Passes Above 50 Day Moving Average – What’s Next?

Shares of International Public Partnerships (LON:INPP) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 128.02 ($1.67) and traded as high as GBX 129.73 ($1.69). International Public Partnerships shares last traded at GBX 128 ($1.67), with a volume of 4,596,167 shares traded.

International Public Partnerships Stock Performance

The firm has a 50 day simple moving average of GBX 128.02 and a 200-day simple moving average of GBX 127.27. 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 cap of £2.43 billion, a price-to-earnings ratio of 12,936.00 and a beta of 0.31.

International Public Partnerships Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, September 12th will be issued a GBX 4.18 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, September 12th. This is a positive change from International Public Partnerships’s previous dividend of $4.07. This represents a yield of 3.28%. International Public Partnerships’s dividend payout ratio (DPR) is 80,000.00%.

International Public Partnerships Company Profile

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.