Stock Mover of the Day: Virtu Financial Inc Just Recorded A Sigfniciant Increase

Stock Mover of the Day: Virtu Financial Inc Just Recorded A Sigfniciant Increase

The stock of Virtu Financial Inc (NASDAQ:VIRT) is a huge mover today! About 304,722 shares traded hands. Virtu Financial Inc (NASDAQ:VIRT) has declined 40.44% since March 15, 2016 and is downtrending. It has underperformed by 45.92% the S&P500.
The move comes after 5 months positive chart setup for the $1.85 billion company. It was reported on Oct, 18 by Barchart.com. We have $22.93 PT which if reached, will make NASDAQ:VIRT worth $1.26B more.

Analysts await Virtu Financial Inc (NASDAQ:VIRT) to report earnings on November, 2.

Virtu Financial Inc (NASDAQ:VIRT) Ratings Coverage

Out of 3 analysts covering Virtu Financial (NASDAQ:VIRT), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Virtu Financial has been the topic of 10 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Tuesday, October 13 by UBS. Zacks downgraded the stock to “Hold” rating in Friday, August 21 report. The stock of Virtu Financial Inc (NASDAQ:VIRT) has “Buy” rating given on Monday, January 11 by Goldman Sachs. UBS maintained Virtu Financial Inc (NASDAQ:VIRT) on Thursday, August 6 with “Buy” rating. The rating was upgraded by Zacks to “Sell” on Saturday, August 8. Goldman Sachs maintained the stock with “Buy” rating in Tuesday, April 5 report. The stock has “Buy” rating given by UBS on Thursday, August 4. The company was maintained on Friday, May 27 by UBS.

According to Zacks Investment Research, “Virtu Financial, Inc. is a financial holding company. The company offers a technology platform through which it provides quotations to buyers and sellers in equities, commodities, currencies, options, fixed income and other securities on exchanges, markets and liquidity pools. Virtu Financial, Inc. is headquartered in New York.”

More notable recent Virtu Financial Inc (NASDAQ:VIRT) news were published by: Marketwatch.com which released: “Virtual Stock Exchange” on April 06, 2015, also Moodys.com with their article: “Moody’s assigns first-time Ba3 rating to Virtu Financial with a positive outlook” published on October 04, 2016, Globenewswire.com published: “Virtu Financial, Inc. Appoints Christopher C. Quick and Michael T. Viola to …” on April 11, 2016. More interesting news about Virtu Financial Inc (NASDAQ:VIRT) were released by: Wsj.com and their article: “French Regulator Considers Fining Virtu Financial for 2009 Trading” published on November 04, 2015 as well as Barrons.com‘s news article titled: “Virtu Financial’s Many Virtues” with publication date: January 30, 2016.

VIRT Company Profile

Virtu Financial, Inc., incorporated on October 17, 2013, is a holding company. The Firm is a technology-enabled market maker and liquidity well-known provider to the financial markets across the world. The Firm is engaged in buying or selling a range of securities and other financial instruments, and earning small bid/ask spreads across various transactions. The Firm has developed a single, multi-asset, multi-currency technology platform through which it provides quotations to buyers and sellers in equities, commodities, currencies, options, fixed income and other securities on various exchanges, markets and liquidity pools in various countries around the world. The Firm makes markets by providing quotations to buyers and sellers in approximately 12,000 securities and other financial instruments on over 230 exchanges, markets and liquidity pools in approximately 30 countries around the world.

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