Shares of IG Group Holdings plc (OTCMKTS:IGGHY – Get Free Report) dropped 28% during trading on Friday. The company traded as low as $13.24 and last traded at $13.24. 2,532 shares changed hands during mid-day trading, an increase of 313% from the average session volume of 613 shares. The stock had previously closed at $18.38.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of IG Group in a research note on Friday, June 12th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, IG Group presently has an average rating of “Buy”.
Check Out Our Latest Report on IGGHY
IG Group Stock Performance
IG Group Company Profile
IG Group Holdings plc is a global financial technology and online trading company headquartered in London, England. Founded in 1974 as IG Index, the company initially offered spread betting and has since expanded into a broad range of trading and investment services through its IG brand and other businesses.
IG Group provides access to financial markets through products including contracts for difference, spread betting, share dealing, exchange-traded funds, options and other derivatives.
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