TP ICAP Group (LON:TCAP) Earns Buy Rating from Shore Capital

Shore Capital restated their buy rating on shares of TP ICAP Group (LON:TCAP) in a report published on Tuesday morning, Marketbeat.com reports.

TP ICAP Group Trading Up 3.2 %

Shares of TCAP opened at GBX 254.50 ($3.31) on Tuesday. The firm has a market capitalization of £1.93 billion, a price-to-earnings ratio of 1,957.69, a PEG ratio of 0.49 and a beta of 0.65. The company has a debt-to-equity ratio of 179.00, a current ratio of 1.25 and a quick ratio of 0.97. TP ICAP Group has a 1-year low of GBX 166.70 ($2.17) and a 1-year high of GBX 254.50 ($3.31). The company has a 50-day moving average of GBX 234.11 and a 200 day moving average of GBX 222.81.

TP ICAP Group Company Profile

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.