TP ICAP Group (LON:TCAP) Sets New 1-Year High – Time to Buy?

Shares of TP ICAP Group PLC (LON:TCAP) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 259 ($3.33) and last traded at GBX 254.50 ($3.27), with a volume of 6730757 shares trading hands. The stock had previously closed at GBX 255.50 ($3.29).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “buy” rating on shares of TP ICAP Group in a research report on Tuesday, November 5th.

TP ICAP Group Stock Down 0.4 %

The company has a debt-to-equity ratio of 179.00, a current ratio of 1.25 and a quick ratio of 0.97. The firm has a market capitalization of £1.93 billion, a price-to-earnings ratio of 1,957.69, a price-to-earnings-growth ratio of 0.49 and a beta of 0.65. The firm’s 50-day moving average price is GBX 235 and its 200 day moving average price is GBX 224.13.

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.