Liberum Capital reiterated their buy rating on shares of Plus500 (LON:PLUS) in a report published on Friday morning, ThisIsMoney.Co.Uk reports.

Several other equities research analysts also recently issued reports on the stock. Peel Hunt restated a reduce rating on shares of Plus500 in a research note on Monday, January 6th. Berenberg Bank lowered their price objective on shares of Plus500 from GBX 810 ($10.66) to GBX 790 ($10.39) and set a hold rating on the stock in a research note on Friday, February 14th.

PLUS stock traded up GBX 77.20 ($1.02) during midday trading on Friday, hitting GBX 949.60 ($12.49). 3,309,076 shares of the company traded hands, compared to its average volume of 1,440,000. Plus500 has a twelve month low of GBX 399.70 ($5.26) and a twelve month high of GBX 962.40 ($12.66). The company has a quick ratio of 10.72, a current ratio of 10.72 and a debt-to-equity ratio of 2.01. The business has a 50 day simple moving average of GBX 898.68 and a 200-day simple moving average of GBX 804.07. The stock has a market capitalization of $1.03 billion and a price-to-earnings ratio of 7.04.

The business also recently disclosed a dividend, which will be paid on Monday, July 13th. Stockholders of record on Thursday, February 27th will be paid a $0.38 dividend. This is an increase from Plus500’s previous dividend of $0.27. The ex-dividend date is Thursday, February 27th. This represents a dividend yield of 3.19%. Plus500’s dividend payout ratio (DPR) is presently 0.37%.

In related news, insider Elad Even-Chen acquired 11,000 shares of the stock in a transaction dated Wednesday, February 19th. The shares were acquired at an average price of GBX 831 ($10.93) per share, for a total transaction of £91,410 ($120,244.67). Also, insider Alon Gonen acquired 500,000 shares of the stock in a transaction dated Wednesday, December 4th. The stock was bought at an average price of GBX 763 ($10.04) per share, for a total transaction of £3,815,000 ($5,018,416.21).

About Plus500

Plus500 Ltd. develops and operates an online trading platform for individual customers to trade contracts for difference (CFDs). Its platform allows its customers to trade CFDs over approximately 2,200 financial instruments, such as equities, indices, commodities, options, exchange-traded funds, cryptocurrencies, and foreign exchange in approximately 50 countries in 32 languages.

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