Helen Stevenson Buys 2,197 Shares of IG Group (LON:IGG) Stock

IG Group Holdings plc (LON:IGG) insider Helen Stevenson bought 2,197 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was purchased at an average price of GBX 1,358 per share, with a total value of £29,835.26.

IG Group Price Performance

LON IGG traded up GBX 25.97 during trading hours on Tuesday, reaching GBX 1,385.97. The company’s stock had a trading volume of 3,722,112 shares, compared to its average volume of 6,463,246. The firm has a market capitalization of £4.57 billion, a price-to-earnings ratio of 13.19, a P/E/G ratio of -1.44 and a beta of 0.50. The company’s 50-day moving average is GBX 1,757.17 and its two-hundred day moving average is GBX 1,566.33. The company has a debt-to-equity ratio of 31.85, a current ratio of 162.46 and a quick ratio of 2.40. IG Group Holdings plc has a 1-year low of GBX 1,016 and a 1-year high of GBX 1,956.

IG Group (LON:IGG) last posted its quarterly earnings data on Thursday, July 30th. The company reported GBX 68.90 EPS for the quarter. IG Group had a return on equity of 19.99% and a net margin of 30.26%. On average, equities analysts predict that IG Group Holdings plc will post 104.0295119 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on IGG shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 1,850 target price on shares of IG Group in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 2,000 price target on shares of IG Group in a research note on Friday, July 31st. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,250 price objective on shares of IG Group in a report on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 1,338.

IG Group Company Profile

IG Group Holdings plc (“IG”) is a FTSE 100 financial technology company operating at the intersection of retail trading, technology and capital markets. Through its trusted brands – IG, tastytrade, Freetrade and Independent Reserve – the Group serves over 1.3 million customers worldwide, providing leveraged trading, stock trading and investments, and cryptocurrency trading via its proprietary platforms. For more information, visit www.iggroup.com.