IG Group Holdings plc (LON:IGG - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 957.69 ($12.05) and traded as high as GBX 1,001 ($12.60). IG Group shares last traded at GBX 994.25 ($12.51), with a volume of 2,980,865 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a "buy" rating on shares of IG Group in a research note on Thursday, January 16th.
Get Our Latest Stock Analysis on IGG
IG Group Trading Down 0.3 %
The company has a market cap of £3.43 billion, a price-to-earnings ratio of 6.45, a price-to-earnings-growth ratio of -1.44 and a beta of 0.55. The firm has a 50-day moving average price of GBX 999.41 and a 200 day moving average price of GBX 958.76. The company has a current ratio of 2.47, a quick ratio of 2.40 and a debt-to-equity ratio of 17.04.
IG Group (LON:IGG - Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The company reported GBX 55.30 ($0.70) earnings per share (EPS) for the quarter. IG Group had a return on equity of 30.53% and a net margin of 58.42%. As a group, sell-side analysts forecast that IG Group Holdings plc will post 104.0295119 EPS for the current year.
IG Group Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, February 11th. Investors of record on Thursday, January 30th were given a dividend of GBX 13.86 ($0.17) per share. The ex-dividend date was Thursday, January 30th. This represents a yield of 1.37%. IG Group's dividend payout ratio is currently 30.68%.
Insider Activity at IG Group
In other IG Group news, insider Clifford Abrahams bought 5,000 shares of the business's stock in a transaction on Monday, February 3rd. The shares were purchased at an average price of GBX 1,013 ($12.75) per share, with a total value of £50,650 ($63,750.79). Also, insider Marieke Flament acquired 5,335 shares of the company's stock in a transaction dated Tuesday, November 26th. The stock was purchased at an average cost of GBX 937 ($11.79) per share, for a total transaction of £49,988.95 ($62,918.75). 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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