International Public Partnerships (LON:INPP) Shares Pass Above 50 Day Moving Average – What’s Next?

International Public Partnerships (LON:INPP)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 122.37 ($1.63) and traded as high as GBX 127.80 ($1.70). International Public Partnerships shares last traded at GBX 127.80 ($1.70), with a volume of 3,236,394 shares trading hands.

International Public Partnerships Price Performance

The company has a market capitalization of £2.34 billion, a price-to-earnings ratio of 18.82 and a beta of 0.31. The stock has a 50 day simple moving average of GBX 122.37 and a two-hundred day simple moving average of GBX 119.75.

International Public Partnerships (LON:INPP) last posted its quarterly earnings results on Thursday, September 4th. The company reported GBX 7.64 earnings per share for the quarter. International Public Partnerships had a return on equity of 1.54% and a net margin of 52.68%. Equities research analysts predict that International Public Partnerships will post 1060.0000297 EPS for the current year.

About International Public Partnerships

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.