TP ICAP Group (LON:TCAP) Sets New 1-Year High – What’s Next?

Posted by Michael Walen on Jan 16th, 2025

Shares of TP ICAP Group PLC (LON:TCAP – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 273.50 ($3.35) and last traded at GBX 272 ($3.33), with a volume of 2403666 shares. The stock had previously closed at GBX 266.50 ($3.26).

Analysts Set New Price Targets

Separately, Shore Capital restated a “buy” rating on shares of TP ICAP Group in a report on Tuesday, November 5th.

Read Our Latest Research Report on TCAP

TP ICAP Group Trading Up 2.8 %

The business has a 50-day moving average of GBX 259.72 and a 200-day moving average of GBX 239.60. 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 firm has a market cap of £2.08 billion, a price-to-earnings ratio of 2,107.69, a P/E/G ratio of 0.49 and a beta of 0.65.

Insider Buying and Selling at TP ICAP Group

In other news, insider Nicolas Breteau sold 96,984 shares of the business’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of GBX 254 ($3.11), for a total value of £246,339.36 ($301,516.96). Corporate insiders own 0.57% of the company’s stock.