TP ICAP Group (LON:TCAP) Sets New 52-Week High – Here’s What Happened

TP ICAP Group PLC (LON:TCAP) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 264 ($3.33) and last traded at GBX 261.50 ($3.30), with a volume of 48201 shares traded. The stock had previously closed at GBX 257 ($3.24).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “buy” rating on shares of TP ICAP Group in a research report on Tuesday, November 5th.

TP ICAP Group Price Performance

The firm has a fifty day moving average price of GBX 236.12 and a two-hundred day moving average price of GBX 225.06. The company has a quick ratio of 0.97, a current ratio of 1.25 and a debt-to-equity ratio of 179.00. The stock has a market capitalization of £2.00 billion, a P/E ratio of 1,976.92, a P/E/G ratio of 0.49 and a beta of 0.65.

Insider Buying and Selling at TP ICAP Group

In other news, insider Nicolas Breteau sold 96,984 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of GBX 254 ($3.20), for a total value of £246,339.36 ($310,446.58). 0.57% of the stock is owned by company insiders.

TP ICAP Group Company Profile

TP ICAP Group PLC provides intermediary services, contextual insights, trade execution, pre-trade and settlement services, and data-led solutions in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through Global Broking, Energy & Commodities, Liquidnet, and Parameta Solutions divisions.