IG Group Holdings plc (LON:IGG - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 962.11 ($12.77) and traded as high as GBX 1,033 ($13.71). IG Group shares last traded at GBX 1,031 ($13.68), with a volume of 464,219 shares.
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a "buy" rating on shares of IG Group in a research note on Thursday, March 13th.
Read Our Latest Research Report on IGG
IG Group Stock Performance
The firm has a market capitalization of £3.68 billion, a PE ratio of 6.92, a price-to-earnings-growth ratio of -1.44 and a beta of 0.55. The company has a debt-to-equity ratio of 17.04, a current ratio of 2.47 and a quick ratio of 2.40. The stock has a 50-day moving average price of GBX 960.67 and a 200-day moving average price of GBX 964.49.
IG Group (LON:IGG - Get Free Report) last announced its earnings results on Thursday, January 23rd. The company reported GBX 55.30 ($0.73) earnings per share (EPS) for the quarter. IG Group had a return on equity of 30.53% and a net margin of 58.42%. On average, research analysts expect that IG Group Holdings plc will post 104.0295119 EPS for the current fiscal year.
IG Group Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, February 11th. Shareholders 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 yield of 1.37%. IG Group's dividend payout ratio (DPR) is 30.68%.
Insider Transactions at IG Group
In other news, insider Clifford Abrahams bought 5,000 shares of IG Group stock in a transaction on Monday, February 3rd. The shares were bought at an average price of GBX 1,013 ($13.44) per share, with a total value of £50,650 ($67,219.64). 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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