Plus500 (LON:PLUS) Sets New 1-Year High – Here’s What Happened

Plus500 Ltd. (LON:PLUSGet Free Report) hit a new 52-week high on Thursday . The stock traded as high as GBX 4,260 and last traded at GBX 4,216, with a volume of 20055 shares traded. The stock had previously closed at GBX 4,230.

Wall Street Analysts Forecast Growth

Separately, Liberum Capital restated a “buy” rating and issued a GBX 3,750 target price on shares of Plus500 in a report on Tuesday, November 18th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 3,304.67.

Check Out Our Latest Research Report on PLUS

Plus500 Stock Up 0.6%

The stock has a market cap of £2.95 billion, a PE ratio of 11.65, a price-to-earnings-growth ratio of 0.24 and a beta of 0.20. The stock has a fifty day moving average of GBX 3,650.88 and a 200-day moving average of GBX 3,334.20.

About Plus500

(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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