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Plus500 (LON:PLUS) Hits New 52-Week High - What's Next?

Plus500 logo with Financial Services background

Plus500 Ltd. (LON:PLUS - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 3,186 ($42.35) and last traded at GBX 3,170 ($42.14), with a volume of 40958 shares trading hands. The stock had previously closed at GBX 3,111.95 ($41.37).

Analyst Ratings Changes

Separately, Canaccord Genuity Group lifted their price objective on shares of Plus500 from GBX 2,650 ($35.23) to GBX 2,764 ($36.74) and gave the stock a "hold" rating in a report on Wednesday, April 30th.

Get Our Latest Report on PLUS

Plus500 Price Performance

The stock has a 50 day moving average price of GBX 2,845.03 and a 200-day moving average price of GBX 2,699.10. The stock has a market capitalization of £2.97 billion, a P/E ratio of 11.92, a PEG ratio of 0.24 and a beta of 0.20.

Plus500 Company Profile

(Get Free Report)

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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