Plus500 (LON:PLUS) Hits New 52-Week High – Should You Buy?

by · The Cerbat Gem

Plus500 Ltd. (LON:PLUS – Get Free Report) hit a new 52-week high on Monday . The company traded as high as GBX 3,492 and last traded at GBX 3,464, with a volume of 15962341 shares traded. The stock had previously closed at GBX 3,408.

Analyst Upgrades and Downgrades

Separately, Liberum Capital reissued 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 given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 3,304.67.

Get Our Latest Analysis on PLUS

Plus500 Stock Performance

The stock has a 50-day moving average price of GBX 3,197.31 and a two-hundred day moving average price of GBX 3,228.80. The stock has a market capitalization of £2.43 billion, a PE ratio of 9.74, a PEG ratio of 0.24 and a beta of 0.20.

Plus500 Company Profile

(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.

Featured Articles