TP ICAP Group (LON:TCAP) Hits New 1-Year High – What’s Next?

Posted by Scott Davis on Dec 4th, 2024

Shares of TP ICAP Group PLC (LON:TCAP – Get Free Report) reached a new 52-week high on Monday . The company 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).

Wall Street Analyst Weigh In

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

View Our Latest Stock Report on TP ICAP Group

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 firm has a market capitalization of £2.03 billion, a P/E ratio of 2,034.62, a P/E/G ratio of 0.49 and a beta of 0.65. The stock’s 50-day simple moving average is GBX 242.25 and its 200-day simple moving average is GBX 228.86.

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 stock was sold at an average price of GBX 254 ($3.22), for a total value of £246,339.36 ($312,138.06). Company insiders own 0.57% of the company’s stock.

About TP ICAP Group

(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.