Invesco Bond Income Plus (LON:BIPS) Trading 0.3% Higher – Time to Buy?

Invesco Bond Income Plus Limited (LON:BIPSGet Free Report)’s stock price shot up 0.3% on Tuesday . The stock traded as high as GBX 175 and last traded at GBX 174.50. 438,262 shares were traded during mid-day trading, an increase of 2% from the average session volume of 430,705 shares. The stock had previously closed at GBX 174.

Invesco Bond Income Plus Stock Up 0.3%

The company has a current ratio of 0.31, a quick ratio of 0.09 and a debt-to-equity ratio of 12.95. The stock has a market cap of £398.22 million, a P/E ratio of 13.18 and a beta of 0.40. The company’s 50 day moving average price is GBX 174.34 and its two-hundred day moving average price is GBX 173.30.

Insider Buying and Selling at Invesco Bond Income Plus

In other news, insider Christine Johnson sold 2,539 shares of Invesco Bond Income Plus stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of GBX 176, for a total transaction of £4,468.64. 0.45% of the stock is owned by corporate insiders.

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.

Further Reading

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