KCG Holdings Inc. (KCG) Stock Price Down 0.7%
Shares of KCG Holdings Inc. (NYSE:KCG) traded down 0.7% during trading on Monday . The stock traded as low as $14.27 and last traded at $14.40, with a volume of 77,468 shares. The stock had previously closed at $14.50.
Several analysts have commented on the stock. Zacks Investment Research downgraded shares of KCG Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, July 14th. Buckingham Research assumed coverage on shares of KCG Holdings in a research report on Tuesday, June 7th. They issued a “buy” rating for the company. Barclays PLC set a $15.00 target price on shares of KCG Holdings and gave the stock a “hold” rating in a research report on Tuesday, August 9th. Finally, TheStreet raised shares of KCG Holdings from a “hold” rating to a “buy” rating in a research report on Wednesday, May 25th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $15.00.
The firm has a 50 day moving average price of $14.57 and a 200 day moving average price of $13.10. The stock has a market capitalization of $1.24 billion and a price-to-earnings ratio of 14.51.
KCG Holdings (NYSE:KCG) last issued its earnings results on Thursday, July 21st. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.06. The firm had revenue of $319 million for the quarter, compared to analyst estimates of $280.16 million. KCG Holdings’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.18) earnings per share. On average, equities analysts anticipate that KCG Holdings Inc. will post $0.23 EPS for the current fiscal year.
KCG Holdings, Inc is a holding company. The Company is an independent securities company offering investors a range of services designed to address trading needs across asset classes, product types and time zones. The Company combines technology with client service across market making, agency execution and venues.
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