Shares of Plus500 Ltd. (LON:PLUS - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 3,468 ($46.66) and last traded at GBX 3,456 ($46.50), with a volume of 16641 shares changing hands. The stock had previously closed at GBX 3,438 ($46.26).
Analyst Ratings Changes
Separately, Canaccord Genuity Group lifted their price objective on shares of Plus500 from GBX 2,650 ($35.66) to GBX 2,764 ($37.19) and gave the company a "hold" rating in a research note on Wednesday, April 30th.
View Our Latest Report on PLUS
Plus500 Stock Performance
The firm's 50 day moving average is GBX 3,076.97 and its 200-day moving average is GBX 2,824.99. The firm has a market cap of £3.14 billion, a price-to-earnings ratio of 12.61, a price-to-earnings-growth 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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