TP ICAP Group (LON:TCAP) hits new 52-week high at $246.00

Shares of TP ICAP Group PLC (LON:TCAP – Get Your Free Report ) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 246 ($3.24) and last traded at GBX 243 ($3.20), with a volume of 1515708 shares trading hands. The stock had previously closed at GBX 240.50 ($3.17).

The Wall Street analyst weighs in

A number of equities research analysts recently issued reports on the company. Canaccord Genuity Group upped their price target on TP ICAP Group from GBX 256 ($3.38) to GBX 326 ($4.30) and gave the company a “buy” rating in a research note on Monday , May 13. Shore Capital reiterated a “buy” rating on shares of TP ICAP Group in a report on Wednesday, August 7th.

Get the latest stock analysis on TP ICAP Group

TP ICAP Group stocks rose 1.0%

The firm has a 50-day simple moving average of GBX 221.81 and a 200-day simple moving average of GBX 212.94. The company has a debt-to-equity ratio of 179.00, a current ratio of 1.25, and a quick ratio of 0.97. The company has a market cap of £1.85 billion, a PE ratio of 1,869.23, a price-to-earnings-growth ratio of 0.49 and a beta of 0.66.

TP ICAP Group cuts dividends

The company also recently disclosed a dividend, which will be paid on Friday, November 8th. Shareholders of record on Thursday, October 3rd will be given a dividend of GBX 4.80 ($0.06). This represents a yield of 2.27%. The ex-dividend date is Thursday, October 3. TP ICAP Group’s dividend payout ratio (DPR) is currently 11,538.46%.

About TP ICAP Group

(Get a free report)

TP ICAP Group PLC provides brokerage services, contextual insights, trade execution, pre-trade and settlement services and data-driven solutions in Europe, the Middle East, Africa, the Americas and Asia Pacific. It operates through Global Broking, Energy & Commodities, Liquidnet and Parameta Solutions divisions.

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