TP ICAP Group (OTCMKTS:TCAPF) Stock Price Up 14.3% – Here’s What Happened

TP ICAP Group PLC (OTCMKTS:TCAPFGet Free Report)’s stock price rose 14.3% during mid-day trading on Wednesday . The company traded as high as $4.0050 and last traded at $4.00. Approximately 10,566 shares traded hands during mid-day trading, an increase of 2,013% from the average daily volume of 500 shares. The stock had previously closed at $3.50.

Wall Street Analysts Forecast Growth

Separately, Investec cut shares of TP ICAP Group to a “hold” rating in a research note on Wednesday. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, TP ICAP Group presently has an average rating of “Hold”.

Get Our Latest Stock Report on TP ICAP Group

TP ICAP Group Price Performance

The firm’s 50-day moving average is $3.62 and its two-hundred day moving average is $3.57.

TP ICAP Group Company Profile

(Get Free Report)

TP ICAP Group PLC provides intermediary services, contextual insights, trade execution, pre-trade and settlement services, and data-led solutions in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through Global Broking, Energy & Commodities, Liquidnet, and Parameta Solutions divisions. The Global Broking division operates in rates, foreign exchange (FX) and money markets, equities, and credit products; and offers broking, facilitating price discovery, and liquidity services.

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