IG Group Holdings plc (OTCMKTS:IGGHY – Get Free Report) shares traded down 1.9% on Friday. The company traded as low as $13.42 and last traded at $13.70. 445 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 888 shares. The stock had previously closed at $13.96.
Wall Street Analysts Forecast Growth
Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of IG Group in a report on Monday, October 5th. Three research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.
View Our Latest Report on IG Group
IG Group Stock Down 1.9%
The business has a 50 day moving average of $16.93 and a 200-day moving average of $20.33.
About IG Group
IG Group plc is a United Kingdom-based financial technology and online trading company. Through its IG brand, the group provides access to contracts for difference (CFDs), spread betting, foreign exchange, shares, exchange-traded funds, options and other financial products. It also offers investment and trading tools, market analysis, educational resources and related services for retail and professional clients.
Founded in London in 1974 by Stuart Wheeler as Investors Gold Index, the company initially offered leveraged exposure to gold before expanding into broader markets and becoming an online trading provider.
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