Invesco Bond Income Plus (LON:BIPS) Trading 0.3% Higher – Here’s What Happened

Invesco Bond Income Plus Limited (LON:BIPSGet Free Report) shares shot up 0.3% during trading on Wednesday . The stock traded as high as GBX 176 and last traded at GBX 174.50. Approximately 530,351 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 755,584 shares. The stock had previously closed at GBX 174.

Invesco Bond Income Plus Stock Performance

The firm has a market capitalization of £463.87 million, a P/E ratio of 12.33 and a beta of 0.31. The stock has a 50-day moving average of GBX 172.68 and a 200 day moving average of GBX 173.54. The company has a debt-to-equity ratio of 9.27, a quick ratio of 0.09 and a current ratio of 5.60.

Invesco Bond Income Plus (LON:BIPSGet Free Report) last issued its quarterly earnings data on Wednesday, April 1st. The company reported GBX 13.07 earnings per share (EPS) for the quarter. The firm had revenue of GBX 3,085 million during the quarter. Invesco Bond Income Plus had a return on equity of 7.85% and a net margin of 83.98%.

About Invesco Bond Income Plus

(Get Free Report)

Managed by Rhys Davies and Edward Craven, the Company’s investment objective is to seek to obtain both high income and capital growth from investment, predominantly in high-yielding fixed-interest securities.

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