IG Group (LON:IGG) Posts Quarterly Earnings Results

IG Group (LON:IGG) announced its quarterly earnings data on Thursday. The company reported GBX 55.30 ($0.69) earnings per share (EPS) for the quarter, Digital Look Earnings reports. IG Group had a net margin of 32.24% and a return on equity of 15.76%.

IG Group Price Performance

Shares of LON:IGG opened at GBX 1,019.28 ($12.73) on Friday. IG Group has a one year low of GBX 671 ($8.38) and a one year high of GBX 1,106 ($13.81). The company has a debt-to-equity ratio of 17.04, a current ratio of 2.31 and a quick ratio of 2.40. The company has a market cap of £3.66 billion, a price-to-earnings ratio of 1,306.77, a PEG ratio of -1.44 and a beta of 0.55. The firm has a 50 day simple moving average of GBX 980.27 and a 200 day simple moving average of GBX 942.33.

Insiders Place Their Bets

In other IG Group news, insider Marieke Flament acquired 5,335 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The stock was acquired at an average price of GBX 937 ($11.70) per share, for a total transaction of £49,988.95 ($62,415.97). Insiders own 4.44% of the company’s stock.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of IG Group in a research note on Thursday, January 16th.

About IG Group

IG Group (LSEG:IGG) is an innovative, global fintech company that delivers dynamic online trading platforms and a
robust educational ecosystem to power the pursuit of financial freedom for the ambitious. For nearly five decades,
the Company has evolved its technology, risk management, financial products, content, and platforms to meet the
needs of its retail and institutional clients.