TMX Group (OTCMKTS:TMXXF) Stock Price Down 0.1% – Should You Sell?

TMX Group Limited (OTCMKTS:TMXXF)’s stock price was down 0.1% during trading on Monday . The company traded as low as $36.9799 and last traded at $36.9899. 1,033 shares were traded during trading, a decline of 58% from the average session volume of 2,438 shares. The stock had previously closed at $37.0299.

Analysts Set New Price Targets

Several brokerages have commented on TMXXF. TD Securities raised TMX Group from a “hold” rating to a “buy” rating in a report on Wednesday, October 29th. Royal Bank Of Canada reiterated an “outperform” rating on shares of TMX Group in a research report on Wednesday, October 29th. Finally, Raymond James Financial reissued an “outperform” rating on shares of TMX Group in a report on Tuesday, October 28th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

TMX Group Trading Down 0.1%

The firm’s 50 day simple moving average is $37.12 and its 200-day simple moving average is $38.18.

TMX Group Company Profile

TMX Group Limited operates Canada’s premier financial infrastructure that supports capital markets for listing, trading, clearing, settlement and information services. As a holding company, TMX Group’s principal businesses include the Toronto Stock Exchange (TSX), TSX Venture Exchange (TSXV), Montréal Exchange (MX), and Canadian Depository for Securities (CDS). These platforms facilitate equity and derivatives trading, debt issuance, exchange-traded funds and a broad spectrum of structured products.

Through its marketplace operations, TMX Group offers issuers access to public capital, while providing investors with deep liquidity and a diverse range of listed instruments.