Plus500 (LON:PLUS) Sets New 52-Week High – Time to Buy?

Plus500 Ltd. (LON:PLUSGet Free Report)’s stock price hit a new 52-week high on Thursday . The company traded as high as GBX 2,742 ($34.06) and last traded at GBX 2,690 ($33.42), with a volume of 111243 shares. The stock had previously closed at GBX 2,708 ($33.64).

Plus500 Stock Performance

The company’s 50-day moving average is GBX 2,520.36 and its two-hundred day moving average is GBX 2,446.80. 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 cap of £1.92 billion, a P/E ratio of 996.91, a price-to-earnings-growth ratio of 0.24 and a beta of 0.20.

Plus500 Company Profile

(Get Free Report)

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.

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