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IG Group (LON:IGG) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

IG Group logo with Financial Services background

IG Group Holdings plc (LON:IGG - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 973.35 ($13.00) and traded as high as GBX 1,092 ($14.58). IG Group shares last traded at GBX 1,087 ($14.51), with a volume of 418,095 shares changing hands.

Wall Street Analysts Forecast Growth

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

View Our Latest Research Report on IGG

IG Group Trading Up 0.2 %

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 company has a market capitalization of £3.86 billion, a P/E ratio of 7.26, a P/E/G ratio of -1.44 and a beta of 0.55. The firm's 50-day moving average price is GBX 980.70 and its 200 day moving average price is GBX 973.35.

IG Group Company Profile

(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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