TP ICAP Group (LON:TCAP) Earns Buy Rating from Shore Capital

TP ICAP Group (LON:TCAP)‘s stock had its “buy” rating reissued by equities researchers at Shore Capital in a research report issued to clients and investors on Tuesday, LSE.Co.UK reports.

TP ICAP Group Stock Performance

Shares of TCAP traded up GBX 16 ($0.21) during trading hours on Tuesday, hitting GBX 243.50 ($3.16). The stock had a trading volume of 4,031,466 shares, compared to its average volume of 1,655,474. The firm has a market capitalization of £1.85 billion, a price-to-earnings ratio of 1,873.08, a PEG ratio of 0.49 and a beta of 0.65. The company has a debt-to-equity ratio of 179.00, a quick ratio of 0.97 and a current ratio of 1.25. The firm has a 50-day moving average price of GBX 233.66 and a 200 day moving average price of GBX 222.17. TP ICAP Group has a fifty-two week low of GBX 164.30 ($2.13) and a fifty-two week high of GBX 247 ($3.20).

TP ICAP Group Company Profile

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.