IG Group Holdings plc (LON:IGG) Insider Clifford Abrahams Acquires 5,000 Shares

IG Group Holdings plc (LON:IGG) insider Clifford Abrahams purchased 5,000 shares of IG Group stock in a transaction dated Monday, February 3rd. The stock was bought at an average price of GBX 1,013 ($12.60) per share, with a total value of £50,650 ($62,989.68).

IG Group Trading Up 0.4 %

LON IGG opened at GBX 1,023.73 ($12.73) on Friday. The stock has a market capitalization of £3.68 billion, a price-to-earnings ratio of 1,312.47, a PEG ratio of -1.44 and a beta of 0.55. IG Group Holdings plc has a 52 week low of GBX 671 ($8.34) and a 52 week high of GBX 1,106 ($13.75). The stock’s 50 day moving average price is GBX 994.75 and its two-hundred day moving average price is GBX 953.88. The company has a debt-to-equity ratio of 17.04, a quick ratio of 2.40 and a current ratio of 2.31.

IG Group (LON:IGG) last announced its earnings results on Thursday, January 23rd. The company reported GBX 55.30 ($0.69) EPS for the quarter. IG Group had a net margin of 32.24% and a return on equity of 15.76%. As a group, analysts anticipate that IG Group Holdings plc will post 104.0295119 earnings per share for the current fiscal year.

IG Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, February 11th. Investors of record on Thursday, January 30th will be given a GBX 13.86 ($0.17) dividend. This represents a dividend yield of 1.37%. The ex-dividend date of this dividend is Thursday, January 30th. IG Group’s dividend payout ratio is currently 5,897.44%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “buy” rating on shares of IG Group in a research note 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.