Insider Buying: IG Group Holdings plc (LON:IGG) Insider Buys £49,988.95 in Stock

IG Group Holdings plc (LON:IGG) insider Marieke Flament acquired 5,335 shares of the stock in a transaction that occurred on Tuesday, November 26th. The stock was purchased at an average price of GBX 937 ($11.93) per share, with a total value of £49,988.95 ($63,672.08).

IG Group Stock Up 1.0 %

Shares of IGG stock opened at GBX 957.50 ($12.20) on Friday. IG Group Holdings plc has a 12-month low of GBX 671 ($8.55) and a 12-month high of GBX 995.25 ($12.68). The company has a quick ratio of 2.40, a current ratio of 2.31 and a debt-to-equity ratio of 17.04. The firm has a fifty day moving average of GBX 924.38 and a 200-day moving average of GBX 892.25. The company has a market capitalization of £3.44 billion, a price-to-earnings ratio of 1,227.56, a P/E/G ratio of -1.44 and a beta of 0.55.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,065 ($13.57) target price on shares of IG Group in a research note on Wednesday, August 14th.

About IG Group

IG Group Holdings plc, a fintech company, engages in the online trading business worldwide. The company offers over the counter (OTC) derivatives, which include CFD (Contracts For Difference) that enable traders to take advantage of changes in an asset's price without owning the asset itself, as well as access to a range of risk-mitigation measures, including stops and limits, and negative-balance protection; and OTC FX and options, and spread bets, under IG and IG Prime brands.