IG Group (OTCMKTS:IGGHY) Shares Up 12.5% – What’s Next?

IG Group Holdings plc (OTCMKTS:IGGHYGet Free Report) was up 12.5% on Tuesday . The company traded as high as $16.22 and last traded at $16.22. Approximately 143 shares were traded during trading, a decline of 70% from the average daily volume of 477 shares. The stock had previously closed at $14.42.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of IG Group in a research note on Wednesday, December 17th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Read Our Latest Stock Report on IGGHY

IG Group Price Performance

The stock has a 50-day moving average price of $14.58 and a two-hundred day moving average price of $14.68.

IG Group Company Profile

(Get Free Report)

IG Group is a UK-based online trading and financial services firm that offers a broad range of multi-asset solutions to both retail and institutional clients. The company’s core services include spread betting, contracts for difference (CFDs), forex, options, and share trading, all accessible through proprietary web and mobile platforms. IG Group is regulated by the UK Financial Conduct Authority and holds licenses in multiple jurisdictions, ensuring compliance with local market standards and client protections.

Founded in 1974 by entrepreneur Stuart Wheeler, IG Group pioneered the concept of financial spread betting in the UK.

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