Plus500 Ltd (PLUS) Sets New 12-Month High at $1,005.00

Shares of Plus500 Ltd (LON:PLUS) hit a new 52-week high on Friday . The stock traded as high as GBX 1,005 ($13.26) and last traded at GBX 982 ($12.96), with a volume of 1,315,236 shares trading hands. The stock had previously closed at GBX 962.50 ($12.70).

Several analysts recently weighed in on the stock. Liberum Capital raised their target price on shares of Plus500 from GBX 992 ($13.09) to GBX 1,020 ($13.46) and gave the company a “buy” rating in a report on Wednesday, September 27th. Berenberg Bank raised shares of Plus500 to a “buy” rating and raised their target price for the company from GBX 560 ($7.39) to GBX 725 ($9.57) in a report on Thursday, August 3rd.

The stock’s market cap is GBX 1.13 billion. The firm’s 50 day moving average is GBX 900.32 and its 200 day moving average is GBX 681.47.

The firm also recently disclosed a dividend, which will be paid on Thursday, November 23rd. Shareholders of record on Thursday, September 7th will be given a $0.24 dividend. 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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