Shore Capital reissued their buy rating on shares of IG Group (LON:IGG – Free Report) in a research note published on Thursday morning,Digital Look reports.
IG Group Trading Up 1.4 %
LON IGG opened at GBX 951 ($12.30) on Thursday. The company has a market cap of £3.37 billion, a price-to-earnings ratio of 6.34, a P/E/G ratio of -1.44 and a beta of 0.55. IG Group has a 52 week low of GBX 712 ($9.21) and a 52 week high of GBX 1,106 ($14.31). The business has a 50 day moving average price of GBX 986.31 and a 200-day moving average price of GBX 959.14. The company has a quick ratio of 2.40, a current ratio of 2.47 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 ($0.72) EPS for the quarter. IG Group had a return on equity of 30.53% and a net margin of 58.42%. As a group, equities analysts expect that IG Group will post 104.0295119 earnings per share for the current fiscal year.
IG Group Cuts Dividend
Insider Activity at IG Group
In related news, insider Clifford Abrahams bought 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were bought at an average price of GBX 1,013 ($13.10) per share, with a total value of £50,650 ($65,515.46). 4.44% of the stock is owned by insiders.
About IG Group
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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