Plus500 (LON:PLUS) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Plus500 Ltd. (LON:PLUSGet Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 2,481.83 ($31.02) and traded as high as GBX 2,610 ($32.62). Plus500 shares last traded at GBX 2,599.67 ($32.49), with a volume of 597,464 shares.

Plus500 Price Performance

The firm has a market cap of £1.94 billion, a PE ratio of 1,003.86, a P/E/G ratio of 0.24 and a beta of 0.20. The firm’s fifty day simple moving average is GBX 2,481.83 and its two-hundred day simple moving average is GBX 2,413.87. The company has a quick ratio of 3.89, a current ratio of 2.70 and a debt-to-equity ratio of 2.38.

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.

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