IG Group (LON:IGG) Issues Earnings Results

IG Group (LON:IGG) announced its quarterly earnings data on Thursday. The company reported GBX 55.30 ($0.69) earnings per share for the quarter, Digital Look Earnings reports. IG Group had a return on equity of 15.76% and a net margin of 32.24%.

IG Group Stock Up 1.3 %

IG Group stock opened at GBX 1,019.28 ($12.73) on Friday. IG Group has a fifty-two week low of GBX 671 ($8.38) and a fifty-two week high of GBX 1,106 ($13.81). The firm has a market capitalization of £3.66 billion, a PE ratio of 1,306.77, a P/E/G ratio of -1.44 and a beta of 0.55. The company’s 50-day moving average is GBX 980.27 and its 200-day moving average is GBX 942.33. The company has a debt-to-equity ratio of 17.04, a current ratio of 2.31 and a quick ratio of 2.40.

Insiders Place Their Bets

In related news, insider Marieke Flament bought 5,335 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was bought at an average price of GBX 937 ($11.70) per share, for a total transaction of £49,988.95 ($62,415.97). Company insiders own 4.44% of the company’s stock.

Analyst Ratings Changes

Separately, Shore Capital restated a “buy” rating on shares of IG Group in a report on Thursday, January 16th.

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.