Plus500 Ltd (PLUS) Hits New 12-Month High at $957.00

Plus500 Ltd (LON:PLUS)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 957 ($12.58) and last traded at GBX 954 ($12.54), with a volume of 360,817 shares traded. The stock had previously closed at GBX 923 ($12.14).

Several research firms have recently issued reports on PLUS. Liberum Capital boosted their target price on Plus500 from GBX 992 ($13.04) to GBX 1,020 ($13.41) and gave the stock a “buy” rating in a research report on Wednesday, September 27th. Berenberg Bank upgraded Plus500 to a “buy” rating and boosted their price objective for the company from GBX 560 ($7.36) to GBX 725 ($9.53) in a research report on Thursday, August 3rd.

The stock’s 50-day moving average is GBX 884.16 and its 200 day moving average is GBX 640.92. The firm’s market capitalization is GBX 1.10 billion.

The firm also recently announced a dividend, which will be paid on Thursday, November 23rd. Investors of record on Thursday, September 7th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a yield of 2.21%.

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Plus500 Company Profile

Plus500 Ltd is an Israel-based online provider of Contracts for Difference (CFDs). The Company develops and operates an online trading platform for retail customers to trade CFDs internationally over more than 2,200 different underlying global financial instruments comprising equities, indices, commodities, options, exchange-traded funds (ETFs) and foreign exchange.

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