Plus500 (LON:PLUS) Sets New 52-Week High – Still a Buy?

Plus500 Ltd. (LON:PLUS)’s share price reached a new 52-week high during trading on Friday . The company traded as high as GBX 2,670 ($33.60) and last traded at GBX 2,670 ($33.60), with a volume of 46259 shares traded. The stock had previously closed at GBX 2,652 ($33.37).

Plus500 Stock Performance

The company has a quick ratio of 3.89, a current ratio of 2.70 and a debt-to-equity ratio of 2.38. The company has a market capitalization of £1.99 billion, a PE ratio of 1,030.89, a PEG ratio of 0.24 and a beta of 0.20. The company has a 50-day moving average price of GBX 2,499.45 and a two-hundred day moving average price of GBX 2,430.39.

Plus500 Company Profile

Plus500 Ltd., a fintech company, operates technology-based trading platforms in Europe, the United Kingdom, Australia, and internationally. The company develops and operates an online trading platform, including over the counter (OTC) products comprising the contracts for difference (CFDs) sector enabling its international customer base of individual customers to trade CFDs on underlying financial instruments comprising shares, indices, commodities, options, ETFs, foreign exchange, and cryptocurrencies internationally.