TP ICAP Group (LON:TCAP) Reaches New 12-Month Low – Should You Sell?

TP ICAP Group PLC (LON:TCAP)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 214 and last traded at GBX 316.20, with a volume of 5493998 shares. The stock had previously closed at GBX 312.40.

TP ICAP Group Price Performance

The company has a fifty day simple moving average of GBX 278.85 and a two-hundred day simple moving average of GBX 262.71. The stock has a market capitalization of £2.30 billion, a price-to-earnings ratio of 12.92, a PEG ratio of 0.49 and a beta of 0.28. The company has a debt-to-equity ratio of 49.55, a quick ratio of 0.97 and a current ratio of 30.33.

TP ICAP Group (LON:TCAP) last released its earnings results on Thursday, March 12th. The company reported GBX 33.50 earnings per share (EPS) for the quarter. TP ICAP Group had a return on equity of 9.39% and a net margin of 7.69%. As a group, equities research analysts expect that TP ICAP Group PLC will post 31.0273973 earnings per share for the current fiscal year.

TP ICAP Group announced that its board has authorized a stock buyback program on Thursday, March 12th that permits the company to buyback 0 shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its stock is undervalued.

TP ICAP Group Company Profile