Third Point Investors (LON:TPOU) Trading Up 1.2% – What’s Next?

Third Point Investors Limited (LON:TPOUGet Free Report) was up 1.2% during mid-day trading on Tuesday . The company traded as high as GBX 26.45 ($0.33) and last traded at GBX 26.10 ($0.32). Approximately 4,240 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 14,143 shares. The stock had previously closed at GBX 25.80 ($0.32).

Third Point Investors Price Performance

The company has a debt-to-equity ratio of 22.39, a quick ratio of 20.13 and a current ratio of 3.80. The firm has a fifty day simple moving average of GBX 24.84 and a 200 day simple moving average of GBX 23.21. The company has a market capitalization of £4.82 million, a PE ratio of 50.19 and a beta of 0.55.

About Third Point Investors

(Get Free Report)

Third Point Offshore Investors Limited is a close ended feeder fund launched and managed by Third Point LLC. The fund invests its entire corpus in Third Point Offshore Fund Ltd. It seeks to benchmark the performance of its portfolio against the S&P 500 TR USD. The fund was formed on July 20, 2007 and is domiciled in Guernsey, Channel Islands.

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