IG Group Holdings plc (OTCMKTS:IGGHY – Get Free Report)’s stock price traded down 1.9% on Friday. The company traded as low as $13.42 and last traded at $13.70. Approximately 445 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 888 shares. The stock had previously closed at $13.96.
Wall Street Analysts Forecast Growth
Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of IG Group in a research note on Monday, October 5th. Three investment analysts have rated the stock with a Buy rating. According to MarketBeat.com, IG Group has an average rating of “Buy”.
View Our Latest Stock Analysis on IGGHY
IG Group Trading Down 1.9%
The firm has a fifty day moving average price of $16.93 and a 200-day moving average price of $20.33.
About IG Group
IG Group plc is a United Kingdom-based financial technology and online trading company. Through its IG brand, the group provides access to contracts for difference (CFDs), spread betting, foreign exchange, shares, exchange-traded funds, options and other financial products. It also offers investment and trading tools, market analysis, educational resources and related services for retail and professional clients.
Founded in London in 1974 by Stuart Wheeler as Investors Gold Index, the company initially offered leveraged exposure to gold before expanding into broader markets and becoming an online trading provider.
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