Plus500 announced very positive half year results this week. The shares are now up over 50% since we positively rated them on management buying on the 3rd March. This is what we said:
The CEO, COO and CFO purchased a total of 47,000 shares in the past 2 weeks at prices ranging from £8.28-9.55, spending a total of £425,000. All three executives last purchased shares in August 2019 around £6.80 per share. While the buying does look orchestrated, it is interesting to see these executives continue to buy shares as the stock moves higher. We are ranking the stock +1