Plus500 (LON:PLUS) Reaches New 1-Year High – Time to Buy?

Plus500 Ltd. (LON:PLUS) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 3,646 and last traded at GBX 3,592, with a volume of 7205 shares traded. The stock had previously closed at GBX 3,596.

Wall Street Analyst Weigh In

Separately, Liberum Capital reissued a “buy” rating and issued a GBX 3,750 target price on shares of Plus500 in a research note on Tuesday, November 18th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 3,304.67.

Plus500 Price Performance

The stock has a market capitalization of £2.48 billion, a PE ratio of 9.96, a P/E/G ratio of 0.24 and a beta of 0.20. The firm has a fifty day moving average price of GBX 3,257.03 and a two-hundred day moving average price of GBX 3,236.80.

About Plus500

Plus500 Ltd., a fintech company, operates technology-based trading platforms in Europe, the United Kingdom, Australia, and internationally. The company develops and operates an online trading platform, including over the counter (OTC) products comprising the contracts for difference (CFDs) sector enabling its international customer base of individual customers to trade CFDs on underlying financial instruments comprising shares, indices, commodities, options, ETFs, foreign exchange, and cryptocurrencies internationally.