Press coverage about KCG Holdings, Inc. Class A (NYSE:KCG) has trended somewhat positive on Saturday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. KCG Holdings, Inc. Class A earned a news impact score of 0.01 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 89 out of 100, indicating that recent news coverage is very likely to have an impact on the stock’s share price in the next several days.
Shares of KCG Holdings, Inc. Class A (NYSE:KCG) traded up 0.15% on Friday, hitting $20.00. The company had a trading volume of 371,341 shares. The company has a 50 day moving average price of $19.95 and a 200 day moving average price of $17.67. KCG Holdings, Inc. Class A has a 1-year low of $12.21 and a 1-year high of $20.02. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 7.25 and a beta of 1.50.
A number of equities analysts have weighed in on KCG shares. Zacks Investment Research downgraded KCG Holdings, Inc. Class A from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 18th. BidaskClub downgraded KCG Holdings, Inc. Class A from a “hold” rating to a “sell” rating in a report on Sunday, July 16th. ValuEngine raised KCG Holdings, Inc. Class A from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Sandler O’Neill downgraded KCG Holdings, Inc. Class A from a “buy” rating to a “hold” rating in a report on Monday, April 24th. Finally, Buckingham Research downgraded KCG Holdings, Inc. Class A from a “buy” rating to a “neutral” rating and set a $20.00 price objective for the company. in a report on Thursday, April 20th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $17.33.
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In other KCG Holdings, Inc. Class A news, COO Nick Ogurtsov sold 58,549 shares of the business’s stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $19.85, for a total transaction of $1,162,197.65. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, General Counsel John A. Mccarthy sold 26,951 shares of the business’s stock in a transaction that occurred on Tuesday, May 2nd. The shares were sold at an average price of $19.94, for a total value of $537,402.94. Following the transaction, the general counsel now owns 61,829 shares of the company’s stock, valued at approximately $1,232,870.26. The disclosure for this sale can be found here. Insiders own 9.40% of the company’s stock.
About KCG Holdings, Inc. Class A
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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