IG Group Holdings plc (LON:IGG) Insider Marieke Flament Buys 5,335 Shares

IG Group Holdings plc (LON:IGG) insider Marieke Flament bought 5,335 shares of the stock in a transaction dated Tuesday, November 26th. The stock was bought at an average price of GBX 937 ($11.88) per share, with a total value of £49,988.95 ($63,373.42).

IG Group Price Performance

IGG stock opened at GBX 947.50 ($12.01) on Thursday. The company has a current ratio of 2.31, a quick ratio of 2.40 and a debt-to-equity ratio of 17.04. The company has a market capitalization of £3.40 billion, a P/E ratio of 1,214.74, a PEG ratio of -1.44 and a beta of 0.55. The business has a 50 day simple moving average of GBX 922.88 and a 200-day simple moving average of GBX 890.63. IG Group Holdings plc has a twelve month low of GBX 663.50 ($8.41) and a twelve month high of GBX 995.25 ($12.62).

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on IGG shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,065 ($13.50) price target on shares of IG Group in a research report on Wednesday, August 14th. Royal Bank of Canada lifted their target price on IG Group from GBX 1,000 ($12.68) to GBX 1,100 ($13.95) and gave the stock an “outperform” rating in a research report on Thursday, August 1st.

IG Group Company Profile

IG Group Holdings plc, a fintech company, engages in the online trading business worldwide. The company offers over the counter (OTC) derivatives, which include CFD (Contracts For Difference) that enable traders to take advantage of changes in an asset's price without owning the asset itself, as well as access to a range of risk-mitigation measures, including stops and limits, and negative-balance protection; and OTC FX and options, and spread bets, under IG and IG Prime brands.