IG Group Holdings plc (OTCMKTS:IGGHY – Get Free Report) fell 1.9% on Friday. The company traded as low as $13.42 and last traded at $13.70. Approximately 445 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 888 shares. The stock had previously closed at $13.96.
Analysts Set New Price Targets
Separately, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of IG Group in a research note on Monday, October 5th. Three investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.
View Our Latest Stock Report on IG Group
IG Group Trading Down 1.9%
The firm has a fifty day moving average of $16.93 and a two-hundred day moving average of $20.33.
IG Group Company Profile
IG Group plc is a United Kingdom-based financial technology and online trading company. Through its IG brand, the group provides access to contracts for difference (CFDs), spread betting, foreign exchange, shares, exchange-traded funds, options and other financial products. It also offers investment and trading tools, market analysis, educational resources and related services for retail and professional clients.
Founded in London in 1974 by Stuart Wheeler as Investors Gold Index, the company initially offered leveraged exposure to gold before expanding into broader markets and becoming an online trading provider.
Featured Articles
- Five stocks we like better than IG Group
- Bloom Energy Just Reported—Its Biggest Order Is Still Waiting on a Pipeline
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
Receive News & Ratings for IG Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IG Group and related companies with MarketBeat.com's FREE daily email newsletter.
