IG Group Holdings plc (LON:IGG - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 958.49 ($12.69) and traded as high as GBX 984 ($13.02). IG Group shares last traded at GBX 978 ($12.94), with a volume of 920,182 shares traded.
Analyst Ratings Changes
Separately, Shore Capital restated a "buy" rating on shares of IG Group in a research report on Thursday, March 13th.
Check Out Our Latest Stock Report on IGG
IG Group Price Performance
The company has a fifty day moving average price of GBX 955.20 and a two-hundred day moving average price of GBX 960.12. The company has a current ratio of 2.47, a quick ratio of 2.40 and a debt-to-equity ratio of 17.04. The firm has a market cap of £3.61 billion, a P/E ratio of 6.80, a PEG ratio of -1.44 and a beta of 0.55.
IG Group (LON:IGG - Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The company reported GBX 55.30 ($0.73) EPS for the quarter. IG Group had a net margin of 58.42% and a return on equity of 30.53%. Equities analysts anticipate that IG Group Holdings plc will post 104.0295119 earnings per share for the current year.
IG Group Cuts Dividend
The firm also recently declared a dividend, which was paid on Tuesday, February 11th. Stockholders of record on Thursday, January 30th were paid a dividend of GBX 13.86 ($0.18) per share. The ex-dividend date of this dividend was Thursday, January 30th. This represents a dividend yield of 1.37%. IG Group's dividend payout ratio is currently 30.68%.
Insider Transactions at IG Group
In related news, insider Clifford Abrahams bought 5,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were acquired at an average price of GBX 1,013 ($13.41) per share, with a total value of £50,650 ($67,032.82). 4.44% of the stock is currently owned by 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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