IFG Group (LON:IFP) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of IFG Group plc (LON:IFP) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 193 ($2.53) and traded as low as GBX 193 ($2.53). IFG Group shares last traded at GBX 193 ($2.53), with a volume of 270,874 shares.

IFG Group Trading Up 644.9 %

The firm has a market capitalization of £203.43 million and a price-to-earnings ratio of -214.44. The company has a fifty day moving average price of GBX 193 and a two-hundred day moving average price of GBX 193.

About IFG Group

IFG Group plc, together with its subsidiaries, engages in the intermediation and administration of financial service products primarily in the United Kingdom. It operates in two segments, Platform and Independent Wealth Management. The company offers platform services in retirement and wealth planning markets, including individual savings accounts and general investment accounts, as well as self-invested personal pension products; pension administration services; and independent financial advisory services to private clients and organizations.