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IG Group (LON:IGG) Share Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

IG Group logo with Financial Services background

IG Group Holdings plc (LON:IGG - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 973.35 ($12.93) and traded as high as GBX 1,092 ($14.51). IG Group shares last traded at GBX 1,087 ($14.44), with a volume of 418,095 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital reiterated a "buy" rating on shares of IG Group in a research note on Thursday, March 13th.

Get Our Latest Stock Analysis on IG Group

IG Group Stock Performance

The company has a quick ratio of 2.40, a current ratio of 2.47 and a debt-to-equity ratio of 17.04. The stock has a market cap of £3.83 billion, a price-to-earnings ratio of 7.21, a price-to-earnings-growth ratio of -1.44 and a beta of 0.55. The company's 50-day simple moving average is GBX 989.52 and its 200-day simple moving average is GBX 976.98.

About IG Group

(Get Free Report)

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.

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