IFG Group (LON:IFP) Stock Passes Below 200 Day Moving Average – Here’s Why

IFG Group plc (LON:IFPGet Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 193 ($2.53) and traded as low as GBX 193 ($2.53). IFG Group shares last traded at GBX 193 ($2.53), with a volume of 270,874 shares traded.

IFG Group Stock Up 644.9 %

The company has a market capitalization of £203.43 million and a PE ratio of -214.44. The firm’s 50 day simple moving average is GBX 193 and its 200 day simple moving average is GBX 193.

About IFG Group

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IFG Group plc, together with its subsidiaries, engages in the intermediation and administration of financial service products primarily in the United Kingdom. It operates in two segments, Platform and Independent Wealth Management. The company offers platform services in retirement and wealth planning markets, including individual savings accounts and general investment accounts, as well as self-invested personal pension products; pension administration services; and independent financial advisory services to private clients and organizations.

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