Plus500 (LON:PLUS) Hits New 1-Year High – Still a Buy?

Plus500 Ltd. (LON:PLUSGet Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 3,000 ($39.80) and last traded at GBX 2,982.94 ($39.58), with a volume of 180018 shares. The stock had previously closed at GBX 2,926 ($38.82).

Plus500 Trading Down 0.7 %

The company has a market capitalization of £2.78 billion, a P/E ratio of 11.15, a price-to-earnings-growth ratio of 0.24 and a beta of 0.20. The stock’s fifty day moving average is GBX 2,782.15 and its 200 day moving average is GBX 2,649.38.

About Plus500

(Get Free Report)

Plus500 Ltd., a fintech company, operates technology-based trading platforms in Europe, the United Kingdom, Australia, and internationally. The company develops and operates an online trading platform, including over the counter (OTC) products comprising the contracts for difference (CFDs) sector enabling its international customer base of individual customers to trade CFDs on underlying financial instruments comprising shares, indices, commodities, options, ETFs, foreign exchange, and cryptocurrencies internationally.

Recommended Stories

Receive News & Ratings for Plus500 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Plus500 and related companies with MarketBeat.com's FREE daily email newsletter.