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TP ICAP Group (LON:TCAP) Reaches New 12-Month High - Here's What Happened

TP ICAP Group logo with Financial Services background

TP ICAP Group PLC (LON:TCAP - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 289.50 ($3.91) and last traded at GBX 288.51 ($3.89), with a volume of 8454298 shares. The stock had previously closed at GBX 284.50 ($3.84).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a "buy" rating on shares of TP ICAP Group in a research report on Monday, June 2nd.

Read Our Latest Stock Analysis on TCAP

TP ICAP Group Stock Performance

The firm has a market cap of £2.26 billion, a P/E ratio of 23.30, a P/E/G ratio of 0.49 and a beta of 0.65. The firm has a fifty day moving average of GBX 267.61 and a 200-day moving average of GBX 262.24.

Insider Buying and Selling at TP ICAP Group

In other TP ICAP Group news, insider Philip Price sold 218,818 shares of TP ICAP Group stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of GBX 261 ($3.52), for a total transaction of £571,114.98 ($770,423.55). Also, insider Robin Stewart sold 214,471 shares of TP ICAP Group stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of GBX 261 ($3.52), for a total value of £559,769.31 ($755,118.45). Insiders have sold 795,571 shares of company stock valued at $207,644,031 in the last quarter. Corporate insiders own 0.57% of the company's stock.

About TP ICAP Group

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