Plus500 (LON:PLUS) Sets New 12-Month High – Here’s What Happened

Plus500 Ltd. (LON:PLUS – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 5,435 and last traded at GBX 4,790, with a volume of 8538 shares changing hands. The stock had previously closed at GBX 4,812.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 5,100 price objective on shares of Plus500 in a research report on Monday, April 20th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 4,083.33.

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Plus500 Price Performance

The firm’s 50-day moving average is GBX 4,518.66 and its two-hundred day moving average is GBX 4,175.73. The company has a market cap of £3.33 billion, a P/E ratio of 12.61, a PEG ratio of 0.24 and a beta of 0.39. The company has a debt-to-equity ratio of 7.38, a current ratio of 299.59 and a quick ratio of 3.89.

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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