Free Trial

Plus500 (LON:PLUS) Shares Pass Above 50 Day Moving Average - Here's What Happened

Plus500 logo with Financial Services background

Plus500 Ltd. (LON:PLUS - Get Free Report)'s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 3,225.66 ($43.44) and traded as high as GBX 3,432 ($46.22). Plus500 shares last traded at GBX 3,422.17 ($46.08), with a volume of 84,150 shares.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upped their target price on shares of Plus500 from GBX 2,650 ($35.69) to GBX 2,764 ($37.22) and gave the stock a "hold" rating in a research report on Wednesday, April 30th.

Read Our Latest Report on Plus500

Plus500 Trading Up 0.1%

The stock has a market capitalization of £3.09 billion, a P/E ratio of 12.42, a PEG ratio of 0.24 and a beta of 0.20. The company has a fifty day simple moving average of GBX 3,256.31 and a two-hundred day simple moving average of GBX 2,911.39.

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.

See Also

Should You Invest $1,000 in Plus500 Right Now?

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

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines