TP ICAP Group (LON:TCAP) Stock Price Down 1.3% – What’s Next?

TP ICAP Group PLC (LON:TCAP)’s stock price dropped 1.3% on Tuesday . The company traded as low as GBX 253.50 ($3.13) and last traded at GBX 255.72 ($3.16). Approximately 2,198,628 shares were traded during mid-day trading, a decline of 14% from the average daily volume of 2,546,648 shares. The stock had previously closed at GBX 259 ($3.20).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “buy” rating on shares of TP ICAP Group in a report on Tuesday, November 5th.

TP ICAP Group Stock Up 1.5 %

The company has a debt-to-equity ratio of 179.00, a quick ratio of 0.97 and a current ratio of 1.25. The stock’s fifty day simple moving average is GBX 256.54 and its two-hundred day simple moving average is GBX 237.56. The company has a market capitalization of £1.98 billion, a price-to-earnings ratio of 2,007.25, a P/E/G ratio of 0.49 and a beta of 0.65.

Insider Activity at TP ICAP Group

In other TP ICAP Group news, insider Nicolas Breteau sold 96,984 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of GBX 254 ($3.14), for a total transaction of £246,339.36 ($304,498.59). Company insiders own 0.57% of the company’s stock.

About TP ICAP Group