Plus500 Ltd. (LON:PLUS)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,423.33 ($18.60) and traded as low as GBX 1,365 ($17.83). Plus500 shares last traded at GBX 1,393 ($18.20), with a volume of 159,604 shares changing hands.
Several equities analysts have recently commented on the stock. Peel Hunt restated a “hold” rating and set a GBX 1,560 ($20.38) price target on shares of Plus500 in a report on Monday, July 12th. Peel Hunt restated a “hold” rating and set a GBX 1,560 ($20.38) price target on shares of Plus500 in a report on Monday, July 12th. Finally, Liberum Capital boosted their price target on shares of Plus500 from GBX 2,090 ($27.31) to GBX 2,200 ($28.74) and gave the company a “buy” rating in a report on Tuesday, August 17th.
The stock has a market capitalization of £1.42 billion and a P/E ratio of 5.82. The stock’s fifty day moving average is GBX 1,414.82 and its 200-day moving average is GBX 1,423.33. The company has a debt-to-equity ratio of 1.34, a current ratio of 4.66 and a quick ratio of 4.66.
About Plus500 (LON:PLUS)
Plus500 Ltd. develops and operates an online trading platform for individual customers to trade contracts for difference (CFDs). The company's online trading platform allows its customers to trade CFDs on approximately 2,800 underlying financial instruments, including equities, indices, commodities, options, exchange-traded funds, cryptocurrencies (availability subject to regulation), shares, and foreign exchange in approximately 50 countries in 32 languages.
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