Plus500 Ltd. (LON:PLUS - Get Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1,935 ($24.49) and last traded at GBX 1,927 ($24.39), with a volume of 112649 shares traded. The stock had previously closed at GBX 1,874 ($23.72).
Analysts Set New Price Targets
Several research analysts have recently commented on PLUS shares. Canaccord Genuity Group boosted their price target on Plus500 from GBX 1,623 ($20.54) to GBX 1,883 ($23.83) and gave the stock a "speculative buy" rating in a research report on Friday, March 1st. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 2,300 ($29.11) target price on shares of Plus500 in a research report on Tuesday, February 20th.
Read Our Latest Analysis on Plus500
Plus500 Trading Up 2.9 %
The company has a debt-to-equity ratio of 2.63, a quick ratio of 3.89 and a current ratio of 3.30. The company has a 50 day simple moving average of GBX 1,787.26 and a two-hundred day simple moving average of GBX 1,623.68. The firm has a market cap of £1.51 billion, a PE ratio of 781.38, a P/E/G ratio of 0.24 and a beta of 0.01.
Plus500 Increases Dividend
The company also recently declared a dividend, which will be paid on Thursday, July 11th. Shareholders of record on Thursday, February 29th will be paid a dividend of $0.95 per share. This represents a yield of 4.11%. The ex-dividend date is Thursday, February 29th. This is an increase from Plus500's previous dividend of $0.73. Plus500's payout ratio is presently 2,631.58%.
About Plus500
(
Get Free Report)
Plus500 Ltd., a fintech company, operates technology-based trading platformsin Europe, the United Kingdom, Australia, and internationally. The company operates an online and mobile trading platform within the contracts for difference (CFDs) sector enabling its international customer base of individual customers to trade CFDs on underlying financial instruments comprising shares, indices, commodities, options, ETFs, foreign exchange, and cryptocurrencies internationally.
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