According to Zacks, “institutional foreign exchange, trading and related services providing direct access to the global OTC foreign exchange markets, where participants trade directly with one another. Its trading platforms provide information and analytical tools that allow customers to identify, analyze and execute their trading strategies. GAIN also offers retail customers located outside the United States access to other global markets on an OTC basis, including the spot gold and silver markets, as well as equity indices and commodities. Its forex trading activities are regulated in the US by the Commodity Futures Trading Commission and the National Futures Association, in the UK by the Financial Services Authority, in Japan by the Financial Services Agency, in Hong Kong by the Securities and Futures Commission and in Australia by the Australian Securities and Investments Commission. GAIN Capital Holdings, Inc is based in Bedminster, New Jersey. “
GCAP has been the topic of a number of other reports. TheStreet cut Gain Capital Holdings from a buy rating to a hold rating in a research note on Monday, September 12th. Jefferies Group reaffirmed a buy rating on shares of Gain Capital Holdings in a research note on Thursday, August 4th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. Gain Capital Holdings currently has a consensus rating of Hold and an average price target of $8.06.
Shares of Gain Capital Holdings (NYSE:GCAP) traded up 0.796% during mid-day trading on Thursday, reaching $5.695. The company had a trading volume of 55,800 shares. Gain Capital Holdings has a 12-month low of $5.60 and a 12-month high of $8.48. The firm has a 50-day moving average of $6.24 and a 200-day moving average of $6.55. The company has a market capitalization of $277.00 million, a P/E ratio of 8.997 and a beta of -0.01.
Gain Capital Holdings (NYSE:GCAP) last released its earnings results on Thursday, August 4th. The company reported $0.27 EPS for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.02. The business had revenue of $108.30 million for the quarter, compared to analysts’ expectations of $104.70 million. Gain Capital Holdings had a return on equity of 21.66% and a net margin of 9.34%. The firm’s revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.01 earnings per share. On average, equities analysts anticipate that Gain Capital Holdings will post $0.87 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 20th. Stockholders of record on Tuesday, September 13th were issued a dividend of $0.05 per share. The ex-dividend date was Friday, September 9th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.54%. Gain Capital Holdings’s dividend payout ratio is currently 22.99%.
Several hedge funds have recently bought and sold shares of GCAP. Bank of Montreal Can purchased a new stake in Gain Capital Holdings during the second quarter worth $12,188,000. Dimensional Fund Advisors LP raised its stake in Gain Capital Holdings by 11.0% in the second quarter. Dimensional Fund Advisors LP now owns 1,776,092 shares of the company’s stock worth $11,225,000 after buying an additional 175,854 shares in the last quarter. Vanguard Group Inc. raised its stake in Gain Capital Holdings by 3.2% in the second quarter. Vanguard Group Inc. now owns 1,130,232 shares of the company’s stock worth $7,143,000 after buying an additional 35,141 shares in the last quarter. BlackRock Fund Advisors raised its stake in Gain Capital Holdings by 18.7% in the second quarter. BlackRock Fund Advisors now owns 960,491 shares of the company’s stock worth $6,070,000 after buying an additional 151,127 shares in the last quarter. Finally, Royce & Associates LP raised its stake in Gain Capital Holdings by 13.6% in the first quarter. Royce & Associates LP now owns 921,000 shares of the company’s stock worth $6,042,000 after buying an additional 110,000 shares in the last quarter. Institutional investors own 50.57% of the company’s stock.
About Gain Capital Holdings
GAIN Capital Holdings, Inc 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, Futures segment, and Corporate and other. The retail segment provides its retail customers with access to a range of global financial markets, including spot foreign exchange (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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