TP ICAP Group (LON:TCAP) Sets New 1-Year High – Time to Buy?

TP ICAP Group PLC (LON:TCAP) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 259 ($3.33) and last traded at GBX 254.50 ($3.27), with a volume of 6730757 shares traded. The stock had previously closed at GBX 255.50 ($3.29).

Wall Street Analyst Weigh In

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

TP ICAP Group Price Performance

The firm has a market capitalization of £1.93 billion, a price-to-earnings ratio of 1,957.69, a PEG ratio of 0.49 and a beta of 0.65. The stock’s 50 day moving average price is GBX 235 and its two-hundred day moving average price is GBX 224.13. The company has a debt-to-equity ratio of 179.00, a current ratio of 1.25 and a quick ratio of 0.97.

TP ICAP Group Company Profile

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