Brokerages Set Gain Capital Holdings Inc (GCAP) Target Price at $7.75
Gain Capital Holdings Inc (NYSE:GCAP) has received a consensus rating of “Hold” from the six ratings firms that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $7.75.
Separately, ValuEngine lowered shares of Gain Capital from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd.
Shares of Gain Capital (NYSE:GCAP) traded up $0.26 on Tuesday, hitting $7.27. 547,724 shares of the stock traded hands, compared to its average volume of 737,104. Gain Capital has a 52 week low of $5.56 and a 52 week high of $13.26. The firm has a market cap of $327.72 and a price-to-earnings ratio of 24.23. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.45.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Mariner Investment Group LLC bought a new stake in shares of Gain Capital during the 4th quarter worth $100,000. Investors Research Corp bought a new stake in shares of Gain Capital during the 4th quarter worth $141,000. Virtu Financial LLC bought a new stake in shares of Gain Capital during the 4th quarter worth $157,000. Jane Street Group LLC bought a new stake in shares of Gain Capital during the 4th quarter worth $162,000. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new stake in shares of Gain Capital during the 3rd quarter worth $104,000. 54.47% of the stock is owned by institutional investors and hedge funds.
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About Gain Capital
GAIN Capital Holdings, Inc (GAIN) is a provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Company’s segments include Retail segment, Institutional segment and Futures segment. Through its retail segment, the Company provides its retail customers across the world with access to a range of global financial markets, including spot forex, precious metals, spread bets and contracts for difference (CFDs) on commodities, indices, individual equities and interest rate products, as well OTC options on forex.
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