TP ICAP Group (LON:TCAP) Reaches New 52-Week High - Time to Buy?

TP ICAP Group PLC (LON:TCAP - Get Free Report)'s share price reached a new 52-week high on Tuesday . The company traded as high as GBX 315.60 and last traded at GBX 315.60, with a volume of 1097577 shares trading hands. The stock had previously closed at GBX 312.40.Get TP ICAP Group alerts:TP ICAP Group Stock PerformanceThe company has a debt-to-equity ratio of 49.55, a current ratio of 30.33 and a quick ratio of 0.97. The company has a market capitalization of £2.33 billion, a price-to-earnings ratio of 13.07, a PEG ratio of 0.49 and a beta of 0.28. The stock has a 50 day simple moving average of GBX 275.56 and a two-hundred day simple moving average of GBX 261.63. TP ICAP Group (LON:TCAP - Get Free Report) last posted its quarterly earnings results on Thursday, March 12th. The company reported GBX 33.50 earnings per share for the quarter. TP ICAP Group had a return on equity of 9.39% and a net margin of 7.69%. As a group, analysts anticipate that TP ICAP Group PLC will post 31.0273973 earnings per share for the current year. TP ICAP Group announced that its board has authorized a share repurchase program on Thursday, March 12th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued. TP ICAP Group Company Profile (Get Free Report)Read MoreFive stocks we like better than TP ICAP GroupThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in TP ICAP Group Right Now?Before you consider TP ICAP Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TP ICAP Group wasn't on the list.While TP ICAP Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here