IG Group (OTCMKTS:IGGHY) Trading Up 4.6% – Still a Buy?

IG Group Holdings plc (OTCMKTS:IGGHYGet Free Report)’s share price was up 4.6% during mid-day trading on Wednesday . The company traded as high as $11.62 and last traded at $11.48. Approximately 2,800 shares were traded during trading, an increase of 181% from the average daily volume of 997 shares. The stock had previously closed at $10.97.

IG Group Stock Performance

The business’s 50 day simple moving average is $11.54 and its 200-day simple moving average is $11.14.

About IG Group

(Get Free Report)

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.

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