TP ICAP Group (LON:TCAP) Hits New 52-Week High – Here’s Why

Posted by Maria Luz-Campos on Dec 4th, 2024

TP ICAP Group PLC (LON:TCAP – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 271.75 ($3.44) and last traded at GBX 268.49 ($3.40), with a volume of 513859 shares changing hands. The stock had previously closed at GBX 262.50 ($3.33).

Analyst Ratings Changes

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

Check Out Our Latest Report on TCAP

TP ICAP Group Stock Up 1.3 %

The company has a current ratio of 1.25, a quick ratio of 0.97 and a debt-to-equity ratio of 179.00. The stock’s 50-day moving average price is GBX 242.25 and its 200-day moving average price is GBX 228.86. The company has a market cap of £2.03 billion, a P/E ratio of 2,034.62, a PEG ratio of 0.49 and a beta of 0.65.

Insider Transactions at TP ICAP Group

In other TP ICAP Group news, insider Nicolas Breteau sold 96,984 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of GBX 254 ($3.22), for a total transaction of £246,339.36 ($312,138.06). 0.57% of the stock is owned by insiders.

TP ICAP Group Company Profile

(Get Free Report)

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.