News coverage about GAIN Capital Holdings (NYSE:GCAP) has trended positive on Saturday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. GAIN Capital Holdings earned a news impact score of 0.47 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 73 out of 100, indicating that recent news coverage is likely to have an effect on the stock’s share price in the immediate future.
A number of equities analysts have weighed in on the company. Zacks Investment Research lowered GAIN Capital Holdings from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 13th. Jefferies Group LLC boosted their target price on GAIN Capital Holdings from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Monday, May 8th. TheStreet lowered GAIN Capital Holdings from a “b-” rating to a “c” rating in a research report on Thursday, May 4th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $7.00 target price on shares of GAIN Capital Holdings in a research report on Friday, May 5th.
Shares of GAIN Capital Holdings (NYSE:GCAP) traded up 0.44% during trading on Friday, reaching $6.78. The company’s stock had a trading volume of 71,171 shares. The firm’s 50-day moving average is $6.24 and its 200-day moving average is $7.05. The stock has a market capitalization of $323.27 million, a PE ratio of 61.64 and a beta of 0.28. GAIN Capital Holdings has a 12-month low of $4.54 and a 12-month high of $8.75.
GAIN Capital Holdings (NYSE:GCAP) last released its quarterly earnings results on Thursday, May 4th. The financial services provider reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by $0.16. GAIN Capital Holdings had a net margin of 2.25% and a return on equity of 3.27%. The business had revenue of $59.60 million during the quarter, compared to analysts’ expectations of $63.29 million. During the same quarter last year, the business posted $0.35 earnings per share. The company’s quarterly revenue was down 48.4% compared to the same quarter last year. Equities analysts expect that GAIN Capital Holdings will post $0.21 earnings per share for the current year.
GAIN Capital Holdings declared that its Board of Directors has initiated a stock repurchase program on Wednesday, May 17th that permits the company to repurchase $35.00 million in shares. This repurchase authorization permits the financial services provider to repurchase up to 12.7% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.
In related news, insider Samantha Roady sold 4,933 shares of GAIN Capital Holdings stock in a transaction that occurred on Monday, May 8th. The stock was sold at an average price of $6.02, for a total transaction of $29,696.66. Following the completion of the transaction, the insider now directly owns 269,055 shares in the company, valued at $1,619,711.10. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Christopher Warren Calhoun sold 5,000 shares of GAIN Capital Holdings stock in a transaction that occurred on Thursday, July 13th. The shares were sold at an average price of $6.58, for a total value of $32,900.00. Following the transaction, the director now owns 55,149 shares of the company’s stock, valued at $362,880.42. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 77,634 shares of company stock valued at $473,550. Company insiders own 5.00% of the company’s stock.
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GAIN Capital Holdings Company Profile
GAIN Capital Holdings, Inc (GAIN) is a provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Company’s segments include Retail segment, Institutional segment and Futures segment. Through its retail segment, the Company provides its retail customers across the world with access to a range of global financial markets, including spot forex, precious metals, spread bets and contracts for difference (CFDs) on commodities, indices, individual equities and interest rate products, as well OTC options on forex.
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