TP ICAP Group (OTCMKTS:TCAPF) Stock Price Up 14.3% – What’s Next?

TP ICAP Group PLC (OTCMKTS:TCAPFGet Free Report)’s share price rose 14.3% during trading on Wednesday . The stock traded as high as $4.0050 and last traded at $4.00. Approximately 10,566 shares changed hands during mid-day trading, an increase of 2,013% from the average daily volume of 500 shares. The stock had previously closed at $3.50.

Wall Street Analyst Weigh In

Separately, Investec lowered shares of TP ICAP Group to a “hold” rating in a research report on Wednesday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on TCAPF

TP ICAP Group Price Performance

The company’s 50-day moving average is $3.60 and its 200 day moving average is $3.56.

TP ICAP Group Company Profile

(Get Free Report)

TP ICAP Group PLC provides intermediary services, contextual insights, trade execution, pre-trade and settlement services, and data-led solutions in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through Global Broking, Energy & Commodities, Liquidnet, and Parameta Solutions divisions. The Global Broking division operates in rates, foreign exchange (FX) and money markets, equities, and credit products; and offers broking, facilitating price discovery, and liquidity services.

Further Reading

Receive News & Ratings for TP ICAP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TP ICAP Group and related companies with MarketBeat.com's FREE daily email newsletter.