3i Group (LON:III) Hits New 12-Month High – Still a Buy?

3i Group (LON:III) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 3,519 ($44.53) and last traded at GBX 3,519 ($44.53), with a volume of 6265795 shares. The stock had previously closed at GBX 3,468 ($43.88).

3i Group Stock Performance

The company has a quick ratio of 0.09, a current ratio of 3.23 and a debt-to-equity ratio of 6.20. The stock has a market capitalization of £33.83 billion, a price-to-earnings ratio of 880.86, a PEG ratio of -0.35 and a beta of 1.01. The firm has a fifty day moving average of GBX 3,307.32 and a 200-day moving average of GBX 3,118.05.

3i Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, November 28th will be issued a dividend of GBX 30.50 ($0.39) per share. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 0.92%. 3i Group’s dividend payout ratio (DPR) is presently 1,536.52%.

About 3i Group

3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.