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

Plus500 Ltd. (LON:PLUSGet Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as GBX 2,934 ($36.17) and last traded at GBX 2,900 ($35.75), with a volume of 131164 shares changing hands. The stock had previously closed at GBX 2,890 ($35.63).

Plus500 Stock Performance

The company has a debt-to-equity ratio of 2.38, a quick ratio of 3.89 and a current ratio of 2.70. The company has a market capitalization of £2.15 billion, a price-to-earnings ratio of 1,115.06, a P/E/G ratio of 0.24 and a beta of 0.20. The firm has a 50-day simple moving average of GBX 2,610.88 and a two-hundred day simple moving average of GBX 2,488.93.

Plus500 Company Profile

(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.

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