Bats Global Markets Inc (BATS) Sees Unusually-High Trading Volume
Shares of Bats Global Markets Inc (NASDAQ:BATS) saw an uptick in trading volume on Monday . 215,244 shares changed hands during mid-day trading, an increase of 46% from the previous session’s volume of 147,508 shares.The stock last traded at $25.49 and had previously closed at $25.38.
A number of research analysts recently issued reports on the company. Zacks Investment Research upgraded Bats Global Markets from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a report on Tuesday, July 12th. Royal Bank Of Canada assumed coverage on Bats Global Markets in a report on Tuesday, June 21st. They set an “underperform” rating and a $23.00 price target on the stock.
The stock’s 50-day moving average price is $25.87 and its 200 day moving average price is $25.48.
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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