Plus500 (LON:PLUS) Sets New 1-Year High – What’s Next?

Shares of Plus500 Ltd. (LON:PLUS) hit a new 52-week high during trading on Monday . The company traded as high as GBX 3,768 and last traded at GBX 3,762, with a volume of 282504 shares changing hands. The stock had previously closed at GBX 3,606.98.

Analyst Upgrades and Downgrades

Separately, Liberum Capital reaffirmed a “buy” rating and set a GBX 3,750 target price on shares of Plus500 in a research note on Tuesday, November 18th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Plus500 currently has an average rating of “Moderate Buy” and a consensus target price of GBX 3,304.67.

Plus500 Price Performance

The stock’s fifty day moving average is GBX 3,343.81 and its 200-day moving average is GBX 3,255.09. The stock has a market capitalization of £2.68 billion, a PE ratio of 10.59, a P/E/G ratio of 0.24 and a beta of 0.20.

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.