TP ICAP Group PLC (LON:TCAP - Get Free Report) shares dropped 0.2% on Tuesday . The stock traded as low as GBX 225.50 ($2.95) and last traded at GBX 227.50 ($2.98). Approximately 853,052 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 1,611,762 shares. The stock had previously closed at GBX 228 ($2.98).
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated a "buy" rating on shares of TP ICAP Group in a report on Wednesday, August 7th.
Get Our Latest Stock Analysis on TP ICAP Group
TP ICAP Group Trading Down 0.2 %
The firm has a market cap of £1.73 billion, a P/E ratio of 1,750.00, a P/E/G ratio of 0.49 and a beta of 0.65. The business's 50-day moving average is GBX 234.67 and its two-hundred day moving average is GBX 220.97. The company has a debt-to-equity ratio of 179.00, a current ratio of 1.25 and a quick ratio of 0.97.
TP ICAP Group Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 3rd will be given a GBX 4.80 ($0.06) dividend. This represents a yield of 2.27%. The ex-dividend date is Thursday, October 3rd. TP ICAP Group's dividend payout ratio (DPR) is currently 11,538.46%.
TP ICAP Group Company Profile
(
Get Free Report)
TP ICAP Group PLC provides intermediary services, contextual insights, trade execution, pre-trade and settlement services, and data-led solutions in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through Global Broking, Energy & Commodities, Liquidnet, and Parameta Solutions divisions.
Further Reading
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