IG Group (OTCMKTS:IGGHY) Trading Down 3.4% – What’s Next?

IG Group Holdings plc (OTCMKTS:IGGHYGet Free Report) was down 3.4% during trading on Friday . The company traded as low as $11.43 and last traded at $11.43. Approximately 5 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 994 shares. The stock had previously closed at $11.83.

IG Group Price Performance

The business has a 50-day simple moving average of $11.74 and a 200 day simple moving average of $10.94.

IG Group Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 24th. Investors of record on Friday, September 20th were paid a dividend of $0.3995 per share. The ex-dividend date of this dividend was Friday, September 20th. This is a boost from IG Group’s previous dividend of $0.15. IG Group’s dividend payout ratio (DPR) is currently 62.58%.

IG Group Company Profile

(Get Free Report)

IG Group Holdings plc, a fintech company, engages in the online trading business worldwide. The company offers over the counter (OTC) derivatives, which include CFD (Contracts For Difference) that enable traders to take advantage of changes in an asset's price without owning the asset itself, as well as access to a range of risk-mitigation measures, including stops and limits, and negative-balance protection; and OTC FX and options, and spread bets, under IG and IG Prime brands.

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