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IG Group (LON:IGG) Hits New 1-Year High - What's Next?

IG Group logo with Financial Services background

IG Group Holdings plc (LON:IGG - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as GBX 1,025 ($12.55) and last traded at GBX 1,025 ($12.55), with a volume of 774314 shares trading hands. The stock had previously closed at GBX 1,001 ($12.25).

IG Group Stock Up 2.0 %

The firm has a fifty day simple moving average of GBX 962.91 and a 200-day simple moving average of GBX 933.40. The company has a market capitalization of £3.67 billion, a PE ratio of 1,309.56, a P/E/G ratio of -1.44 and a beta of 0.55. The company has a debt-to-equity ratio of 17.04, a quick ratio of 2.40 and a current ratio of 2.31.

Insider Transactions at IG Group

In other news, insider Marieke Flament bought 5,335 shares of the firm's stock in a transaction dated Tuesday, November 26th. The stock was bought at an average price of GBX 937 ($11.47) per share, for a total transaction of £49,988.95 ($61,185.99). Corporate insiders own 4.44% of the company's stock.

IG Group Company Profile

(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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