Virtu Financial Inc. (NASDAQ:VIRT) previous close was $28.05 while the outstanding shares total 122.78M. The firm has a beta of -0.30, a 12-month trailing P/E ratio of 5.38. VIRT’s shares traded lower over the last trading session, losing -1.18% on 03/10/21. The shares fell to a low of $27.405 before closing at $27.72. Intraday shares traded counted 1.8 million, which was -18.4% lower than its 30-day average trading volume of 1.52M. The stock’s Relative Strength Index (RSI) is 53.50, with weekly volatility at 3.23% and ATR at 1.12. The VIRT stock’s 52-week price range has touched low of $17.30 and a $29.76 high.
Investors have identified the Capital Markets company Virtu Financial 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 $5.29 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 2.61 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 VIRT sounds very interesting.
Is the stock of VIRT attractive?
In related news, Chief Executive Officer, Cifu Douglas A bought 100,000 shares of the company’s stock in a transaction that recorded on Aug 11. The purchase was performed at an average price of 22.45, for a total value of 2,245,263. As the purchase deal closes, the 10% Owner, PUBLIC SECTOR PENSION INVESTME now sold 7,000,000 shares of the company’s stock, valued at 159,250,000. Also, 10% Owner, Temasek Holdings (Private) Ltd sold 5,500,000 shares of the company’s stock in a deal that was recorded on May 13. The shares were cost at an average price of 23.10 per share, with a total market value of 127,050,000. Following this completion of disposal, the Director, Grano Joseph C. now holds 10,133 shares of the company’s stock, valued at 246,575. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.60%.
5 out of 11 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on Virtu Financial Inc.. 1 analysts has assigned a Sell rating on the VIRT stock. The 12-month mean consensus price target for the company’s shares has been set at $29.70.