Shares of IG Group Holdings plc (OTCMKTS:IGGHY – Get Free Report) were down 28% on Friday. The company traded as low as $13.24 and last traded at $13.24. 2,532 shares were traded during trading, an increase of 313% from the average daily volume of 613 shares. The stock had previously closed at $18.38.
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of IG Group in a research report on Friday, June 12th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy”.
View Our Latest Stock Analysis on IGGHY
IG Group Trading Down 28.0%
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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