TP ICAP Group (LON:TCAP) Stock Price Down 1.3% – Here’s What Happened

Posted by Editorial Team on Jan 8th, 2025

TP ICAP Group PLC (LON:TCAP – Get Free Report) dropped 1.3% on Tuesday . The company traded as low as GBX 253.50 ($3.16) and last traded at GBX 255.72 ($3.19). Approximately 2,198,628 shares changed hands during mid-day trading, a decline of 14% from the average daily volume of 2,546,648 shares. The stock had previously closed at GBX 259 ($3.23).

Analyst Ratings Changes

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

View Our Latest Analysis on TP ICAP Group

TP ICAP Group Trading Down 1.3 %

The company has a debt-to-equity ratio of 179.00, a quick ratio of 0.97 and a current ratio of 1.25. The business has a fifty day simple moving average of GBX 255.56 and a 200 day simple moving average of GBX 236.84. The stock has a market cap of £1.94 billion, a price-to-earnings ratio of 1,967.08, a PEG ratio of 0.49 and a beta of 0.65.

Insider Buying and Selling

In related news, insider Nicolas Breteau sold 96,984 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of GBX 254 ($3.17), for a total value of £246,339.36 ($307,309.58). 0.57% of the stock is currently owned by company insiders.

TP ICAP Group Company Profile

(Get Free Report)

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.