Plus500 (LON:PLUS) Hits New 52-Week High – What’s Next?

Shares of Plus500 Ltd. (LON:PLUSGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 2,750 ($33.57) and last traded at GBX 2,610 ($31.86), with a volume of 1118970 shares changing hands. The stock had previously closed at GBX 2,638 ($32.21).

Plus500 Stock Performance

The firm has a fifty day moving average of GBX 2,547.76 and a 200 day moving average of GBX 2,462.90. The stock has a market cap of £1.93 billion, a price-to-earnings ratio of 998.46, a PEG ratio of 0.24 and a beta of 0.20. The company has a debt-to-equity ratio of 2.38, a current ratio of 2.70 and a quick ratio of 3.89.

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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