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

TP ICAP Group PLC (LON:TCAP) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 268 ($3.37) and last traded at GBX 259.50 ($3.26), with a volume of 268266 shares changing hands. The stock had previously closed at GBX 263.50 ($3.31).

Wall Street Analysts Forecast Growth

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

TP ICAP Group Trading Down 1.5 %

The stock has a market cap of £1.97 billion, a PE ratio of 2,003.85, a PEG ratio of 0.49 and a beta of 0.65. The company’s fifty day moving average is GBX 239.11 and its 200-day moving average is GBX 227.05. The company has a debt-to-equity ratio of 179.00, a current ratio of 1.25 and a quick ratio of 0.97.

Insider Buying and Selling at TP ICAP Group

In related news, insider Nicolas Breteau sold 96,984 shares of the stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of GBX 254 ($3.19), for a total transaction of £246,339.36 ($309,393.82). Company insiders own 0.57% of the company’s stock.

About TP ICAP Group

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.