IG Group (LON:IGG) Earns “Buy” Rating from Shore Capital

IG Group (LON:IGG)‘s stock had its “buy” rating reaffirmed by equities research analysts at Shore Capital in a report issued on Thursday, MarketBeat Ratings reports.

IG Group Trading Up 0.8 %

Shares of IGG stock opened at GBX 1,054.18 ($12.83) on Thursday. IG Group has a 12-month low of GBX 671 ($8.16) and a 12-month high of GBX 1,056 ($12.85). The company has a 50 day moving average of GBX 970.32 and a 200-day moving average of GBX 936.36. The firm has a market cap of £3.79 billion, a P/E ratio of 1,351.51, a PEG ratio of -1.44 and a beta of 0.55. The company has a quick ratio of 2.40, a current ratio of 2.31 and a debt-to-equity ratio of 17.04.

Insider Activity

In other IG Group news, insider Marieke Flament acquired 5,335 shares of the stock in a transaction that occurred on Tuesday, November 26th. The shares were bought at an average price of GBX 937 ($11.40) per share, for a total transaction of £49,988.95 ($60,821.21). 4.44% of the stock is owned by company insiders.

About IG Group

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.