Equals Group plc (EQLS.L) (LON:EQLS) Shares Gap Up to $35.80

Equals Group plc (EQLS.L) (LON:EQLS) gapped up before the market opened on Tuesday . The stock had previously closed at $35.80, but opened at $37.50. Equals Group plc (EQLS.L) shares last traded at $37.20, with a volume of 495,211 shares changing hands.

Separately, Canaccord Genuity reaffirmed a “buy” rating and set a GBX 41 ($0.54) target price on shares of Equals Group plc (EQLS.L) in a research report on Monday, December 14th.

The stock has a 50 day moving average of GBX 30.06 and a 200-day moving average of GBX 27.86. The company has a market cap of £66.98 million and a PE ratio of -7.58. The company has a debt-to-equity ratio of 14.70, a quick ratio of 1.87 and a current ratio of 2.13.

In other Equals Group plc (EQLS.L) news, insider Sian Herbert bought 33,000 shares of the firm’s stock in a transaction on Thursday, December 3rd. The shares were acquired at an average cost of GBX 31 ($0.41) per share, with a total value of £10,230 ($13,365.56). Also, insider Ian Alexander Irving Strafford Taylor bought 50,000 shares of the firm’s stock in a transaction on Wednesday, November 11th. The stock was acquired at an average cost of GBX 30 ($0.39) per share, for a total transaction of £15,000 ($19,597.60).

About Equals Group plc (EQLS.L) (LON:EQLS)

Equals Group plc, through its subsidiaries, primarily provides foreign exchange payment services and banking services to private clients and corporations through prepaid currency cards, travel cash, international money transfers, and current accounts in the United Kingdom. The company operates a platform that enables personal and business customers to make payments in a range of currencies, and across a range of products through an integrated system.

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