IG Group (LON:IGG) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

IG Group Holdings plc (LON:IGG) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 932.16 ($11.41) and traded as high as GBX 994.50 ($12.17). IG Group shares last traded at GBX 994.50 ($12.17), with a volume of 586,734 shares trading hands.

IG Group Price Performance

The company has a debt-to-equity ratio of 17.04, a quick ratio of 2.40 and a current ratio of 2.31. The business has a 50 day simple moving average of GBX 962.91 and a 200-day simple moving average of GBX 933.40. The firm has a market cap of £3.67 billion, a price-to-earnings ratio of 1,309.56, a P/E/G ratio of -1.44 and a beta of 0.55.

Insider Activity at IG Group

In other news, insider Marieke Flament bought 5,335 shares of the company’s stock in a transaction on Tuesday, November 26th. The shares were purchased at an average price of GBX 937 ($11.47) per share, with a total value of £49,988.95 ($61,185.99). 4.44% of the stock is owned by insiders.

IG Group Company Profile

IG Group (LSEG:IGG) is an innovative, global fintech company that delivers dynamic online trading platforms and a
robust educational ecosystem to power the pursuit of financial freedom for the ambitious. For nearly five decades,
the Company has evolved its technology, risk management, financial products, content, and platforms to meet the
needs of its retail and institutional clients.