Shares of Plus500 Ltd. (LON:PLUS - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 3,466 ($47.07) and last traded at GBX 3,434 ($46.63), with a volume of 81328 shares. The stock had previously closed at GBX 3,458 ($46.96).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group upped their price target on Plus500 from GBX 2,650 ($35.99) to GBX 2,764 ($37.53) and gave the stock a "hold" rating in a research note on Wednesday, April 30th.
Read Our Latest Report on Plus500
Plus500 Trading Up 1.1%
The stock's 50-day moving average is GBX 3,131.35 and its 200-day moving average is GBX 2,850.30. The stock has a market cap of £3.18 billion, a price-to-earnings ratio of 12.78, a P/E/G ratio of 0.24 and a beta of 0.20.
About Plus500
(
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Plus500 Ltd., a fintech company, operates technology-based trading platforms in Europe, the United Kingdom, Australia, and internationally. The company develops and operates an online trading platform, including over the counter (OTC) products comprising 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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