IG Group Holdings plc (LON:IGG) Insider Marieke Flament Buys 5,335 Shares

IG Group Holdings plc (LON:IGG) insider Marieke Flament acquired 5,335 shares of the firm’s stock in a transaction on Tuesday, November 26th. The shares were bought at an average cost of GBX 937 ($11.88) per share, with a total value of £49,988.95 ($63,373.42).

IG Group Price Performance

Shares of LON:IGG opened at GBX 947.50 ($12.01) on Thursday. The company has a quick ratio of 2.40, a current ratio of 2.31 and a debt-to-equity ratio of 17.04. The company has a 50-day moving average price of GBX 922.88 and a 200 day moving average price of GBX 890.63. IG Group Holdings plc has a 52 week low of GBX 663.50 ($8.41) and a 52 week high of GBX 995.25 ($12.62). The company has a market cap of £3.40 billion, a P/E ratio of 1,214.74, a PEG ratio of -1.44 and a beta of 0.55.

Analysts Set New Price Targets

IGG has been the subject of several analyst reports. Royal Bank of Canada upped their price target on IG Group from GBX 1,000 ($12.68) to GBX 1,100 ($13.95) and gave the stock an “outperform” rating in a research note on Thursday, August 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,065 ($13.50) price objective on shares of IG Group in a research note on Wednesday, August 14th.

About IG Group

IG Group Holdings plc, a fintech company, engages in the online trading business worldwide. The company offers over the counter (OTC) derivatives, which include CFD (Contracts For Difference) that enable traders to take advantage of changes in an asset's price without owning the asset itself, as well as access to a range of risk-mitigation measures, including stops and limits, and negative-balance protection; and OTC FX and options, and spread bets, under IG and IG Prime brands.