Bats Global Markets Inc (BATS) Sees Large Volume Increase
Bats Global Markets Inc (NASDAQ:BATS) saw unusually-strong trading volume on Thursday . Approximately 203,153 shares traded hands during trading, an increase of 3% from the previous session’s volume of 196,302 shares.The stock last traded at $23.89 and had previously closed at $23.50.
Several research analysts recently issued reports on BATS shares. Zacks Investment Research raised shares of Bats Global Markets from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a report on Tuesday, July 12th. Barclays PLC raised their target price on shares of Bats Global Markets from $24.00 to $25.00 and gave the stock an “equal weight” rating in a report on Friday, August 5th. Raymond James Financial Inc. raised shares of Bats Global Markets from an “underperform” rating to a “market perform” rating in a report on Thursday. Goldman Sachs Group Inc. reissued a “neutral” rating and set a $25.00 target price on shares of Bats Global Markets in a report on Wednesday, August 10th. Finally, Royal Bank Of Canada started coverage on shares of Bats Global Markets in a report on Tuesday, June 21st. They set an “underperform” rating and a $23.00 target price for the company. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $25.25.
The firm’s 50-day moving average price is $25.30 and its 200-day moving average price is $25.40.
Bats Global Markets (NASDAQ:BATS) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.35 EPS for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.04. On average, equities analysts anticipate that Bats Global Markets Inc will post $1.38 EPS for the current fiscal year.
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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