MarketAxess Holdings Inc. (NASDAQ:MKTX) shares fell to a low of $531.33 before closing at $543.69. Intraday shares traded counted 0.17 million, which was 43.79% higher than its 30-day average trading volume of 298.68K. MKTX’s previous close was $535.71 while the outstanding shares total 37.39M. The firm has a beta of 0.43, a 12-month trailing P/E ratio of 69.27, and a growth ratio of 7.13. The stock’s Relative Strength Index (RSI) is 48.39, with weekly volatility at 2.97% and ATR at 16.88. The MKTX stock’s 52-week price range has touched low of $275.49 and a $606.45 high. The stock traded higher over the last trading session, gaining 1.49% on 02/18/21.
Investors have identified the Capital Markets company MarketAxess Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $20.38 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Having a look at the company’s valuation, the company is expected to record 9.54 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on MKTX sounds very interesting.
Is the stock of MKTX attractive?
In related news, General Counsel and Secretary, Pintoff Scott sold 250 shares of the company’s stock in a transaction that recorded on Feb 08. The sale was performed at an average price of 572.32, for a total value of 143,080. As the sale deal closes, the Director, Casper Stephen P now sold 750 shares of the company’s stock, valued at 416,220. Also, General Counsel and Secretary, Pintoff Scott sold 250 shares of the company’s stock in a deal that was recorded on Dec 08. The shares were price at an average price of 566.13 per share, with a total market value of 141,533. Following this completion of acquisition, the Chairman & CEO, McVey Richard M now holds 41,000 shares of the company’s stock, valued at 23,172,008. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.70%.
3 out of 14 analysts covering the stock have rated it a Buy, while 10 have maintained a Hold recommendation on MarketAxess Holdings Inc.. 0 analysts has assigned a Sell rating on the MKTX stock. The 12-month mean consensus price target for the company’s shares has been set at $585.83.