Interactive Brokers Group Inc (NASDAQ:IBKR) shares traded 3.37% higher at $58.22 on Wall Street last session.
IBKR stock price is now 16.96% away from the 50-day moving average and 27.61% away from the 200-day moving average. The market capitalization of the company currently stands at $25.37B.
With the price target maintained at $215, Citigroup recently Downgraded its rating from Buy to Neutral for Interactive Brokers Group Inc (NASDAQ: IBKR). On July 11, 2024, Keefe Bruyette Downgraded its previous ‘Outperform’ rating to ‘Mkt Perform’ on the stock increasing its target price from $128 to quote $135, while ‘Goldman’ rates the stock as ‘Buy’
In other news, Bright Jill, Director bought 135 shares of the company’s stock on Jan 31 ’25. The stock was bought for $29,634 at an average price of $219.51. Upon completion of the transaction, the Director now directly owns 2,476 shares in the company, valued at $0.14 million. A total of 3.97% of the company’s stock is owned by insiders.
During the past 12 months, Interactive Brokers Group Inc has had a low of $25.92 and a high of $59.13. As of last week, the company has a debt-to-equity ratio of 3.78, a current ratio of 1.08, and a quick ratio of 1.08.
The net profit margin was 8.32% and return on equity was 19.26% for IBKR. The company reported revenue of $1.43 billion for the quarter, compared to $1.2 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 18.62 percent.
