Plus500 Ltd. (LON:PLUS - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 3,186 ($42.38) and last traded at GBX 3,170 ($42.17), with a volume of 40958 shares trading hands. The stock had previously closed at GBX 3,111.95 ($41.40).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group raised their price target on shares of Plus500 from GBX 2,650 ($35.25) to GBX 2,764 ($36.77) and gave the company a "hold" rating in a report on Wednesday, April 30th.
Check Out Our Latest Stock Report on PLUS
Plus500 Stock Down 1.2 %
The firm's 50-day moving average price is GBX 2,882.79 and its 200 day moving average price is GBX 2,720.90. The firm has a market cap of £3.03 billion, a P/E ratio of 12.15, a price-to-earnings-growth ratio of 0.24 and a beta of 0.20.
About Plus500
(
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.
Recommended Stories
Before you consider Plus500, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Plus500 wasn't on the list.
While Plus500 currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.