Bats Global Markets Inc (BATS) Sees Unusually-High Trading Volume
Shares of Bats Global Markets Inc (NASDAQ:BATS) saw unusually-strong trading volume on Thursday . Approximately 336,280 shares changed hands during trading, an increase of 69% from the previous session’s volume of 198,606 shares.The stock last traded at $25.19 and had previously closed at $25.51.
A number of analysts have commented on BATS shares. Royal Bank Of Canada started coverage on Bats Global Markets in a report on Tuesday, June 21st. They set an “underperform” rating and a $23.00 price objective for the company. Zacks Investment Research raised Bats Global Markets from a “hold” rating to a “strong-buy” rating and set a $31.00 price objective for the company in a report on Tuesday, June 21st.
The firm has a 50-day moving average price of $26.18 and a 200 day moving average price of $25.49.
BATS Global Markets, Inc (BATS) is an operator of exchanges and provider of services for financial markets. The Company facilitates securities trading and exchange traded products (ETP) listings for the United States and European equity securities and operates a United States options exchange. BATS serves the foreign exchange (FX) market, operating Hotspot, an institutional spot foreign exchange market.
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