Plus500 Ltd. (LON:PLUS - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 2,014 ($25.07) and last traded at GBX 1,979 ($24.64), with a volume of 689433 shares changing hands. The stock had previously closed at GBX 2,003 ($24.93).
Analyst Ratings Changes
Several brokerages have issued reports on PLUS. Canaccord Genuity Group increased their price target on Plus500 from GBX 1,623 ($20.20) to GBX 1,883 ($23.44) and gave the stock a "speculative buy" rating in a report on Friday, March 1st. Jefferies Financial Group restated a "buy" rating and set a GBX 2,300 ($28.63) target price on shares of Plus500 in a report on Tuesday, February 20th.
View Our Latest Research Report on PLUS
Plus500 Trading Up 2.4 %
The company has a debt-to-equity ratio of 2.63, a current ratio of 3.29 and a quick ratio of 3.89. The company has a market capitalization of £1.58 billion, a price-to-earnings ratio of 816.94, a P/E/G ratio of 0.24 and a beta of 0.06. The business's 50-day moving average price is GBX 1,808.40 and its two-hundred day moving average price is GBX 1,644.77.
Plus500 Increases Dividend
The company also recently declared a dividend, which will be paid on Thursday, July 11th. Investors of record on Thursday, February 29th will be given a dividend of $0.95 per share. This is a positive change from Plus500's previous dividend of $0.73. The ex-dividend date of this dividend is Thursday, February 29th. This represents a dividend yield of 4.11%. Plus500's dividend payout ratio (DPR) is currently 2,620.97%.
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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