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

IG Group Holdings plc (LON:IGG) insider Marieke Flament acquired 5,335 shares of the business’s stock in a transaction on Tuesday, November 26th. The shares were purchased at an average cost of GBX 937 ($11.89) per share, for a total transaction of £49,988.95 ($63,453.86).

IG Group Stock Performance

Shares of IGG opened at GBX 948 ($12.03) on Friday. The company has a market cap of £3.41 billion, a price-to-earnings ratio of 1,215.38, a P/E/G ratio of -1.44 and a beta of 0.55. The business’s fifty day simple moving average is GBX 923.48 and its two-hundred day simple moving average is GBX 891.03. IG Group Holdings plc has a 12 month low of GBX 668 ($8.48) and a 12 month high of GBX 995.25 ($12.63). The company has a current ratio of 2.31, a quick ratio of 2.40 and a debt-to-equity ratio of 17.04.

Analyst Ratings Changes

A number of analysts have recently weighed in on IGG shares. Royal Bank of Canada upped their target price on shares of IG Group from GBX 1,000 ($12.69) to GBX 1,100 ($13.96) and gave the stock an “outperform” rating in a research report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,065 ($13.52) price objective on shares of IG Group in a research report on Wednesday, August 14th.

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.