International Public Partnerships (LON:INPP) Sets New 1-Year Low – What’s Next?

International Public Partnerships (LON:INPP)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 105.98 ($1.37) and last traded at GBX 106.46 ($1.37), with a volume of 522670 shares trading hands. The stock had previously closed at GBX 109.80 ($1.42).

International Public Partnerships Stock Down 3.0 %

The company has a market cap of £2.00 billion, a price-to-earnings ratio of 45.94 and a beta of 0.31. The business’s fifty day simple moving average is GBX 113.05 and its two-hundred day simple moving average is GBX 119.96.

International Public Partnerships (LON:INPP) last announced its quarterly earnings results on Friday, March 28th. The company reported GBX 2 ($0.03) EPS for the quarter. International Public Partnerships had a net margin of 52.68% and a return on equity of 1.54%. Sell-side analysts predict that International Public Partnerships will post 1060.0000297 EPS for the current fiscal year.

International Public Partnerships Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, June 9th. Investors of record on Thursday, April 24th will be given a GBX 8.92 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, April 24th. This is a boost from International Public Partnerships’s previous dividend of $4.18. This represents a dividend yield of 1.09%. International Public Partnerships’s dividend payout ratio is 345.14%.

Insiders Place Their Bets

In other International Public Partnerships news, insider John Le Poidevin purchased 86,972 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The stock was purchased at an average price of GBX 114 ($1.47) per share, for a total transaction of £99,148.08 ($127,801.08). 0.14% of the stock is currently owned by corporate 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.