International Public Partnerships (LON:INPP) Hits New 1-Year High – Still a Buy?

International Public Partnerships (LON:INPP)’s stock price reached a new 52-week high on Wednesday . The company traded as high as GBX 131.49 and last traded at GBX 131.49, with a volume of 726240 shares changing hands. The stock had previously closed at GBX 130.40.

International Public Partnerships Trading Up 0.6%

The stock’s 50-day moving average price is GBX 127.41 and its 200-day moving average price is GBX 124.48. The stock has a market cap of £2.40 billion, a price-to-earnings ratio of 19.56 and a beta of 0.31.

Insider Transactions at International Public Partnerships

In other news, insider Sarah Whitney purchased 62,541 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were acquired at an average price of GBX 123 per share, with a total value of £76,925.43. 0.20% of the stock is currently owned by insiders.

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.