Bats Global Markets Inc (BATS) Sees Large Volume Increase
Bats Global Markets Inc (NASDAQ:BATS) saw unusually-strong trading volume on Thursday . Approximately 336,280 shares traded 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.
Several equities analysts have weighed in on BATS shares. Zacks Investment Research raised Bats Global Markets from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research report on Tuesday, July 12th. Royal Bank Of Canada started coverage on Bats Global Markets in a research report on Tuesday, June 21st. They set an “underperform” rating and a $23.00 price target for the company.
The stock has a 50 day moving average of $26.14 and a 200-day moving average 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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