Tp Icap (LON:TCAP) Share Price Crosses Below 50-Day Moving Average of $310.61

Tp Icap Plc (LON:TCAP)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $310.61 and traded as low as $295.00. Tp Icap shares last traded at $302.00, with a volume of 1,119,121 shares trading hands.

A number of research analysts have recently issued reports on TCAP shares. Barclays decreased their target price on Tp Icap from GBX 440 ($5.75) to GBX 435 ($5.68) and set an “overweight” rating on the stock in a research report on Monday, August 10th. Peel Hunt restated a “buy” rating on shares of Tp Icap in a report on Wednesday, July 1st. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of GBX 407 ($5.32).

The firm has a market capitalization of $1.70 billion and a price-to-earnings ratio of 30.82. The business has a 50 day simple moving average of GBX 310.61 and a 200-day simple moving average of GBX 335.37. The company has a debt-to-equity ratio of 53.06, a quick ratio of 0.05 and a current ratio of 1.02.

The business also recently announced a dividend, which will be paid on Friday, November 6th. Shareholders of record on Thursday, October 1st will be paid a GBX 5.60 ($0.07) dividend. This represents a dividend yield of 1.8%. The ex-dividend date of this dividend is Thursday, October 1st. Tp Icap’s dividend payout ratio (DPR) is presently 173.47%.

In other Tp Icap news, insider Robin Stewart sold 4,431 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of GBX 353 ($4.61), for a total value of £15,641.43 ($20,438.30).

About Tp Icap (LON:TCAP)

TP ICAP plc, through its portfolio of businesses, provides intermediary services, contextual insights and intelligence, trade execution solutions, and data and analytics. It operates in four divisions: Global Broking, Energy & Commodities, Institutional Services, and Data & Analytics. The Global Broking division offers professional intermediary services that enable buyers and sellers to execute trades covering rates, foreign exchange and money markets, local markets, equities, and credit asset classes.

Further Reading: What is the formula for calculating total return?

Receive News & Ratings for Tp Icap Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tp Icap and related companies with's FREE daily email newsletter.

Leave a Reply