Plus500 (LON:PLUS) Insider Acquires £20,062.32 in Stock

Plus500 Ltd. (LON:PLUS) insider Tami Gottlieb bought 537 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The stock was purchased at an average cost of GBX 3,736 per share, with a total value of £20,062.32.

Plus500 Price Performance

Plus500 stock opened at GBX 3,790 on Friday. The stock has a market capitalization of £2.61 billion, a P/E ratio of 10.00, a P/E/G ratio of 0.24 and a beta of 0.36. The company has a debt-to-equity ratio of 3.96, a current ratio of 281.76 and a quick ratio of 3.89. The firm’s 50-day moving average is GBX 4,417.32 and its two-hundred day moving average is GBX 4,381.62. Plus500 Ltd. has a 12-month low of GBX 2,874 and a 12-month high of GBX 5,535.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on PLUS. Jefferies Financial Group restated a “buy” rating and issued a GBX 5,350 price target on shares of Plus500 in a research report on Monday, August 10th. Peel Hunt reiterated a “hold” rating and set a GBX 3,400 price objective on shares of Plus500 in a report on Monday, August 10th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Plus500 has a consensus rating of “Moderate Buy” and a consensus target price of GBX 4,166.67.

About Plus500

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.