IG Group Holdings plc (OTCMKTS:IGGHY – Get Free Report)’s stock price was down 1.3% on Wednesday . The stock traded as low as $13.14 and last traded at $13.14. Approximately 660 shares changed hands during trading, an increase of 74% from the average daily volume of 380 shares. The stock had previously closed at $13.31.
IG Group Stock Performance
The company has a fifty day moving average price of $12.16 and a two-hundred day moving average price of $11.74.
IG Group Cuts Dividend
The business also recently announced a dividend, which will be paid on Monday, March 10th. Investors of record on Monday, February 3rd will be issued a $0.1708 dividend. The ex-dividend date is Monday, February 3rd. IG Group’s payout ratio is presently 62.58%.
About IG Group
IG Group Holdings plc, a fintech company, engages in the online trading business worldwide. The company offers over the counter (OTC) derivatives, which include CFD (Contracts For Difference) that enable traders to take advantage of changes in an asset's price without owning the asset itself, as well as access to a range of risk-mitigation measures, including stops and limits, and negative-balance protection; and OTC FX and options, and spread bets, under IG and IG Prime brands.
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