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IG Group (LON:IGG) Shares Cross Above 200-Day Moving Average - Here's Why

IG Group logo with Financial Services background

IG Group Holdings plc (LON:IGG - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 932.16 ($11.41) and traded as high as GBX 994.50 ($12.17). IG Group shares last traded at GBX 994.50 ($12.17), with a volume of 586,734 shares trading hands.

IG Group Stock Up 0.1 %

The firm has a market cap of £3.57 billion, a P/E ratio of 1,275.64, a price-to-earnings-growth ratio of -1.44 and a beta of 0.55. The stock's 50 day simple moving average is GBX 961.06 and its 200 day simple moving average is GBX 932.16. 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 Buying and Selling at IG Group

In other IG Group news, insider Marieke Flament bought 5,335 shares of IG Group stock in a transaction dated Tuesday, November 26th. The stock was bought at an average cost of GBX 937 ($11.47) per share, with a total value of £49,988.95 ($61,171.01). Company insiders own 4.44% of the company's stock.

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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