TP ICAP Group (LON:TCAP) Hits New 12-Month High – What’s Next?

TP ICAP Group PLC (LON:TCAP) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 273.50 ($3.33) and last traded at GBX 272 ($3.31), with a volume of 2403666 shares. The stock had previously closed at GBX 266.50 ($3.24).

Wall Street Analyst Weigh In

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

TP ICAP Group Trading Down 0.9 %

The firm has a market capitalization of £2.06 billion, a P/E ratio of 2,088.46, a price-to-earnings-growth ratio of 0.49 and a beta of 0.65. The stock has a 50-day simple moving average of GBX 260.61 and a two-hundred day simple moving average of GBX 240.06. The company has a current ratio of 1.25, a quick ratio of 0.97 and a debt-to-equity ratio of 179.00.

Insider Buying and Selling

In other news, insider Nicolas Breteau sold 96,984 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of GBX 254 ($3.09), for a total value of £246,339.36 ($299,719.38). 0.57% of the stock is currently owned by company insiders.

TP ICAP Group Company Profile