IG Group (LON:IGG) Announces Quarterly Earnings Results

IG Group (LON:IGG) released its earnings results on Thursday. The company reported GBX 55.30 ($0.68) EPS for the quarter, Digital Look Earnings reports. IG Group had a return on equity of 15.76% and a net margin of 32.24%.

IG Group Trading Up 2.1 %

Shares of LON IGG opened at GBX 1,027 ($12.69) on Friday. The company has a current ratio of 2.31, a quick ratio of 2.40 and a debt-to-equity ratio of 17.04. The firm has a market capitalization of £3.69 billion, a PE ratio of 1,316.67, a PEG ratio of -1.44 and a beta of 0.55. The business has a 50-day moving average price of GBX 978.67 and a two-hundred day moving average price of GBX 941.89. IG Group has a one year low of GBX 671 ($8.29) and a one year high of GBX 1,106 ($13.66).

Insider Buying and Selling at IG Group

In other news, insider Marieke Flament purchased 5,335 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was bought at an average cost of GBX 937 ($11.57) per share, with a total value of £49,988.95 ($61,745.24). Company insiders own 4.44% of the company’s stock.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “buy” rating on shares of IG Group in a report on Thursday, January 16th.

IG Group Company Profile

IG Group (LSEG:IGG) is an innovative, global fintech company that delivers dynamic online trading platforms and a
robust educational ecosystem to power the pursuit of financial freedom for the ambitious. For nearly five decades,
the Company has evolved its technology, risk management, financial products, content, and platforms to meet the
needs of its retail and institutional clients.