Third Point Investors Limited (LON:TPOU – Get Free Report) shot up 1.1% during trading on Wednesday . The company traded as high as GBX 26.70 ($0.34) and last traded at GBX 26.60 ($0.34). 18,667 shares traded hands during trading, an increase of 24% from the average session volume of 15,004 shares. The stock had previously closed at GBX 26.30 ($0.34).
Third Point Investors Stock Performance
The firm has a 50 day moving average price of GBX 25.72 and a two-hundred day moving average price of GBX 24.42. The company has a market cap of £472.94 million, a P/E ratio of 7.14 and a beta of 0.55.
About Third Point Investors
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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