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 ($46.81) and last traded at GBX 3,456 ($46.65), with a volume of 16641 shares. The stock had previously closed at GBX 3,438 ($46.40).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group lifted their target price on shares of Plus500 from GBX 2,650 ($35.77) to GBX 2,764 ($37.31) and gave the company a "hold" rating in a research note on Wednesday, April 30th.
Check Out Our Latest Research Report on PLUS
Plus500 Trading Up 0.4%
The company has a market capitalization of £3.14 billion, a P/E ratio of 12.61, a P/E/G ratio of 0.24 and a beta of 0.20. The business's fifty day moving average price is GBX 3,064.37 and its 200 day moving average price is GBX 2,814.35.
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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