IG Group (LON:IGG - Get Free Report) released its earnings results on Thursday. The company reported GBX 55.30 ($0.68) EPS for the quarter, Digital Look Earnings reports. IG Group had a net margin of 32.24% and a return on equity of 15.76%.
IG Group Stock Performance
Shares of IGG traded up GBX 13.28 ($0.16) during midday trading on Friday, reaching GBX 1,019.28 ($12.59). The stock had a trading volume of 1,026,804 shares, compared to its average volume of 1,232,444. The firm has a market cap of £3.66 billion, a PE ratio of 1,306.77, a P/E/G ratio of -1.44 and a beta of 0.55. The firm has a 50 day simple moving average of GBX 980.27 and a 200-day simple moving average of GBX 942.33. IG Group has a one year low of GBX 671 ($8.29) and a one year high of GBX 1,106 ($13.66). The company has a current ratio of 2.31, a quick ratio of 2.40 and a debt-to-equity ratio of 17.04.
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a "buy" rating on shares of IG Group in a research note on Thursday, January 16th.
View Our Latest Report on IGG
Insider Activity at IG Group
In related news, insider Marieke Flament acquired 5,335 shares of the firm's stock in a transaction on Tuesday, November 26th. The shares were purchased at an average cost of GBX 937 ($11.57) per share, for a total transaction of £49,988.95 ($61,745.24). 4.44% of the stock is currently owned by company insiders.
About IG Group
(
Get Free Report)
IG Group LSEG: IGG is an innovative, global fintech company that delivers dynamic online trading platforms and a
robust educational ecosystem to power the pursuit of financial freedom for the ambitious. For nearly five decades,
the Company has evolved its technology, risk management, financial products, content, and platforms to meet the
needs of its retail and institutional clients.
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