Tag: Plus500 valuation

July 04, 2016 BY LeapRate Staff

Plus500 shares hit 52 week high as markets shake off Brexit

Markets eventually get it right. Even if it takes a while. In one of our initial post-Brexit analysis articles, we opined that one of the big winners from the Leave victory in the UK Brexit referendum was the online trading sector, and specifically the CFD broker. Like everyone else out there we have no idea…

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March 23, 2016 BY LeapRate Staff

JPMorgan Chase ups stake in Plus500 to 9% as shares continue to rise

Global investment bank JPMorgan Chase & Co. (NYSE:JPM) has made filings to the London Stock Exchange indicating that it has increased its stake in retail Forex and CFD broker Plus500 Ltd (LON:PLUS) to 9.0%, up from 7.5% previously. JPMorgan now holds directly 10,330,061 Plus500 shares, worth £67.8 million (USD $96 million). Plus500 shares have been on a…

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March 05, 2015 BY LeapRate Staff

Plus500 shares set new all-time high, market cap tops $1.2 billion

Shares of CFD broker Plus500 Ltd (LON:PLUS) have been on a tear since announcing fourth quarter and full year 2014 results last week. Investors seem to be impressed with Plus500's record Q4 revenues of $66.5 million, its rising EBITDA margins, increasing dividends - and rosy outlook given the start to fiscal 2015. The only negative…

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January 11, 2015 BY LeapRate Staff

Plus500 shares hit eight month high after Numis buy rating

Shares of CFD broker Plus500 Ltd (LON:PLUS) hit their highest level since last May on Friday, following a positive research note issued by an investment analyst at UK brokerage Numis Securities. Plus500 shares rose as high as £6.30 during Friday's trading session, settling to close at £6.19 - their highest closing price since May 14…

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