Plus500 Ltd. (LON:PLUS - Get Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as GBX 3,350 ($44.55) and last traded at GBX 3,308 ($43.99), with a volume of 13401 shares changing hands. The stock had previously closed at GBX 3,330 ($44.28).
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group increased their price target on Plus500 from GBX 2,650 ($35.24) to GBX 2,764 ($36.76) and gave the stock a "hold" rating in a research note on Wednesday, April 30th.
Check Out Our Latest Report on Plus500
Plus500 Stock Performance
The stock has a market capitalization of £3.05 billion, a P/E ratio of 12.24, a price-to-earnings-growth ratio of 0.24 and a beta of 0.20. The business has a 50 day simple moving average of GBX 2,939.71 and a 200-day simple moving average of GBX 2,755.21.
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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