Plus500 (LON:PLUS) Sets New 12-Month Low at $1,490.00

Plus500 Ltd. (LON:PLUS – Get Rating) shares reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 1,490 ($18.66) and last traded at GBX 1,496 ($18.74), with a volume of 11999 shares trading hands. The stock had previously closed at GBX 1,493 ($18.70).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upped their price objective on shares of Plus500 from GBX 1,358 ($17.01) to GBX 1,385 ($17.35) and gave the company a “sell” rating in a research report on Monday, February 20th.

Plus500 Stock Performance

The stock has a market capitalization of £1.36 billion, a price-to-earnings ratio of 497.67, a price-to-earnings-growth ratio of 0.24 and a beta of -0.08. The company has a current ratio of 4.34, a quick ratio of 3.89 and a debt-to-equity ratio of 0.72. The stock’s 50 day moving average is GBX 1,671.43 and its two-hundred day moving average is GBX 1,781.18.

Plus500 Company Profile

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Plus500 Ltd., a fintech company, operates technology-based trading platforms worldwide. The company operates an online and mobile trading platform within the contracts for difference (CFDs) sector enabling its international customer base of individual customers to trade CFDs on over 2,500 underlying financial instruments internationally.