IG Group (LON:IGG) Hits New 52-Week High – Here’s Why

IG Group Holdings plc (LON:IGGGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1,025 ($12.51) and last traded at GBX 1,025 ($12.51), with a volume of 774314 shares. The stock had previously closed at GBX 1,001 ($12.22).

IG Group Stock Performance

The stock’s 50-day simple moving average is GBX 962.91 and its 200 day simple moving average is GBX 933.40. The company has a market capitalization of £3.67 billion, a PE ratio of 1,309.56, a P/E/G ratio of -1.44 and a beta of 0.55. The company has a debt-to-equity ratio of 17.04, a quick ratio of 2.40 and a current ratio of 2.31.

Insider Activity at IG Group

In related news, insider Marieke Flament acquired 5,335 shares of IG Group stock in a transaction dated Tuesday, November 26th. The stock was acquired at an average price of GBX 937 ($11.44) per share, for a total transaction of £49,988.95 ($61,029.12). 4.44% of the stock is currently owned by corporate insiders.

About IG Group

(Get Free Report)

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.

Further Reading

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