IG Group (LON:IGG) Given Buy Rating at Shore Capital

Shore Capital reissued their buy rating on shares of IG Group (LON:IGG) in a research report released on Thursday, MarketBeat Ratings reports.

IG Group Stock Up 0.8 %

IG Group stock opened at GBX 1,054 ($12.90) on Thursday. The company has a fifty day simple moving average of GBX 965.08 and a 200 day simple moving average of GBX 934.02. The company has a current ratio of 2.31, a quick ratio of 2.40 and a debt-to-equity ratio of 17.04. IG Group has a 1-year low of GBX 671 ($8.21) and a 1-year high of GBX 1,054 ($12.90). The company has a market cap of £3.79 billion, a P/E ratio of 1,351.28, a price-to-earnings-growth ratio of -1.44 and a beta of 0.55.

Insider Buying and Selling

In related news, insider Marieke Flament purchased 5,335 shares of the stock in a transaction on Tuesday, November 26th. The shares were purchased at an average price of GBX 937 ($11.46) per share, with a total value of £49,988.95 ($61,163.53). 4.44% of the stock is currently owned by corporate insiders.

About IG Group

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.