TP ICAP Group (LON:TCAP) Hits New 12-Month High at $230.51

TP ICAP Group PLC (LON:TCAPGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 230.51 ($2.89) and last traded at GBX 226 ($2.84), with a volume of 277460 shares traded. The stock had previously closed at GBX 225.20 ($2.83).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating on shares of TP ICAP Group in a research report on Tuesday, March 12th.

Check Out Our Latest Stock Report on TCAP

TP ICAP Group Price Performance

The company has a market capitalization of £1.76 billion, a price-to-earnings ratio of 1,761.54, a price-to-earnings-growth ratio of 0.49 and a beta of 0.59. The company has a 50-day moving average price of GBX 196.26 and a 200-day moving average price of GBX 184.69. The company has a debt-to-equity ratio of 138.55, a quick ratio of 0.97 and a current ratio of 1.26.

TP ICAP Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 24th. Stockholders of record on Thursday, April 11th will be given a dividend of GBX 10 ($0.13) per share. This is a positive change from TP ICAP Group’s previous dividend of $4.80. This represents a dividend yield of 5.04%. The ex-dividend date of this dividend is Thursday, April 11th. TP ICAP Group’s payout ratio is presently 11,538.46%.

About TP ICAP Group

(Get Free Report)

TP ICAP Group PLC provides intermediary services, contextual insights and intelligence, 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.

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