IG Group (OTCMKTS:IGGHY) Trading Down 3.4% – What’s Next?

Shares of IG Group Holdings plc (OTCMKTS:IGGHYGet Free Report) traded down 3.4% on Friday . The company traded as low as $11.43 and last traded at $11.43. 5 shares were traded during trading, a decline of 99% from the average session volume of 994 shares. The stock had previously closed at $11.83.

IG Group Trading Up 3.5 %

The business has a 50-day moving average of $11.74 and a two-hundred day moving average of $10.94.

IG Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, October 24th. Investors of record on Friday, September 20th were given a dividend of $0.3995 per share. The ex-dividend date of this dividend was Friday, September 20th. This is a positive change from IG Group’s previous dividend of $0.15. IG Group’s payout ratio is currently 62.58%.

IG Group Company Profile

(Get Free Report)

IG Group Holdings plc, a fintech company, engages in the online trading business worldwide. The company offers over the counter (OTC) derivatives, which include CFD (Contracts For Difference) that enable traders to take advantage of changes in an asset's price without owning the asset itself, as well as access to a range of risk-mitigation measures, including stops and limits, and negative-balance protection; and OTC FX and options, and spread bets, under IG and IG Prime brands.

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