IG Group (LON:IGG) Shares Pass Above 200 Day Moving Average – What’s Next?

Posted by Francis Steltz on Apr 20th, 2025

IG Group Holdings plc (LON:IGG – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 962.11 ($12.79) and traded as high as GBX 1,033 ($13.73). IG Group shares last traded at GBX 1,031 ($13.71), with a volume of 464,219 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating on shares of IG Group in a report on Thursday, March 13th.

Get Our Latest Report on IG Group

IG Group Trading Up 0.3 %

The business has a 50 day simple moving average of GBX 956.95 and a 200-day simple moving average of GBX 962.39. The stock has a market capitalization of £3.66 billion, a price-to-earnings ratio of 6.88, a PEG ratio of -1.44 and a beta of 0.55. The company has a debt-to-equity ratio of 17.04, a current ratio of 2.47 and a quick ratio of 2.40.

IG Group (LON:IGG – Get Free Report) last announced its earnings results on Thursday, January 23rd. The company reported GBX 55.30 ($0.74) EPS for the quarter. IG Group had a net margin of 58.42% and a return on equity of 30.53%. As a group, equities analysts expect that IG Group Holdings plc will post 104.0295119 earnings per share for the current year.

IG Group Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 11th. Shareholders of record on Thursday, January 30th were issued a dividend of GBX 13.86 ($0.18) per share. This represents a yield of 1.37%. The ex-dividend date was Thursday, January 30th. IG Group’s dividend payout ratio (DPR) is presently 30.68%.

Insiders Place Their Bets

In other IG Group news, insider Clifford Abrahams acquired 5,000 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were purchased at an average price of GBX 1,013 ($13.47) per share, for a total transaction of £50,650 ($67,344.77). Insiders own 4.44% of the company’s stock.

IG Group Company Profile

(Get Free Report)

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.