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Plus500 (LON:PLUS) Reaches New 52-Week High - Still a Buy?

Plus500 logo with Financial Services background

Plus500 Ltd. (LON:PLUS - Get Free Report)'s share price reached a new 52-week high on Wednesday . The stock traded as high as GBX 3,000 ($39.89) and last traded at GBX 2,982.94 ($39.66), with a volume of 180018 shares trading hands. The stock had previously closed at GBX 2,926 ($38.90).

Plus500 Stock Performance

The company has a market cap of £2.78 billion, a price-to-earnings ratio of 11.15, a P/E/G ratio of 0.24 and a beta of 0.20. The company's fifty day moving average is GBX 2,784.91 and its two-hundred day moving average is GBX 2,652.96.

About Plus500

(Get Free Report)

Plus500 Ltd., a fintech company, operates technology-based trading platforms in Europe, the United Kingdom, Australia, and internationally. The company develops and operates an online trading platform, including over the counter (OTC) products comprising the contracts for difference (CFDs) sector enabling its international customer base of individual customers to trade CFDs on underlying financial instruments comprising shares, indices, commodities, options, ETFs, foreign exchange, and cryptocurrencies internationally.

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