Notable Reporting: After Touching 52 Week Low, Is Gain Capital Holdings Inc’s Near-Term Analysis Negative?

Notable Reporting: After Touching 52 Week Low, Is Gain Capital Holdings Inc's Near Term Analysis Negative?

The stock of Gain Capital Holdings Inc (NYSE:GCAP) hit a new 52-week low and has $4.37 target or 10.00% below today’s $4.85 share price. The 8 months bearish chart indicates high risk for the $233.09M company. The 1-year low was reported on Oct, 31 by Barchart.com. If the $4.37 price target is reached, the company will be worth $23.31 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 39,350 shares traded hands. Gain Capital Holdings Inc (NYSE:GCAP) has declined 20.06% since March 29, 2016 and is downtrending. It has underperformed by 23.54% the S&P500.

Analysts await Gain Capital Holdings Inc (NYSE:GCAP) to report earnings on November, 1. They expect $0.14 earnings per share, down 54.84% or $0.17 from last year’s $0.31 per share. GCAP’s profit will be $6.73 million for 8.66 P/E if the $0.14 EPS becomes a reality. After $0.27 actual earnings per share reported by Gain Capital Holdings Inc for the previous quarter, Wall Street now forecasts -48.15% negative EPS growth.

Gain Capital Holdings Inc (NYSE:GCAP) Ratings Coverage

Out of 2 analysts covering Gain Capital Holdings (NYSE:GCAP), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Gain Capital Holdings has been the topic of 2 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The firm has “Market Perform” rating given on Wednesday, March 16 by Raymond James.

According to Zacks Investment Research, “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.”

Insitutional Activity: The institutional sentiment increased to 2.3 in 2016 Q2. Its up 1.39, from 0.91 in 2016Q1. The ratio improved, as 7 funds sold all Gain Capital Holdings Inc shares owned while 20 reduced positions. 18 funds bought stakes while 44 increased positions. They now own 24.14 million shares or 2.54% less from 24.77 million shares in 2016Q1.
Blackrock Advsrs Limited Co has 0% invested in the company for 11,099 shares. Teachers holds 0% or 64,721 shares in its portfolio. Wells Fargo Co Mn last reported 8,633 shares in the company. Philadelphia Financial Management Of San Francisco Ltd Liability Corp holds 0.03% or 19,525 shares in its portfolio. Invesco Ltd holds 0% of its portfolio in Gain Capital Holdings Inc (NYSE:GCAP) for 46,013 shares. Signia Cap Mngmt Ltd Company, a Washington-based fund reported 83,631 shares. Moreover, Cim Invest Mangement has 0.06% invested in Gain Capital Holdings Inc (NYSE:GCAP) for 22,297 shares. Rhumbline Advisers has 0% invested in the company for 39,852 shares. Cornercap Invest Counsel accumulated 69,970 shares or 0.08% of the stock. Lombardia Prns accumulated 1.77M shares or 0.74% of the stock. Lsv Asset Management last reported 0% of its portfolio in the stock. California Public Employees Retirement reported 163,200 shares or 0% of all its holdings. Ellington Management Gru Ltd Liability Corp holds 10,300 shares or 0.09% of its portfolio. Aqr Capital Ltd Co holds 0% of its portfolio in Gain Capital Holdings Inc (NYSE:GCAP) for 26,214 shares. Axa accumulated 0% or 136,800 shares.

Insider Transactions: Since May 31, 2016, the stock had 0 buys, and 3 selling transactions for $44,275 net activity. On Tuesday, May 31 Rotsztain Diego sold $14,767 worth of the stock or 2,142 shares. Scott Jeffrey sold $11,422 worth of Gain Capital Holdings Inc (NYSE:GCAP) on Tuesday, May 31. Roady Samantha sold $18,086 worth of Gain Capital Holdings Inc (NYSE:GCAP) on Tuesday, May 31.

More important recent Gain Capital Holdings Inc (NYSE:GCAP) news were published by: Prnewswire.com which released: “GAIN Capital Announces Monthly Metrics for September 2016” on October 10, 2016, also Prnewswire.com published article titled: “GAIN Capital Announces Monthly Metrics for August 2016”, Prnewswire.com published: “GAIN Capital launches new website and refresh of global FX trading brand …” on July 19, 2016. More interesting news about Gain Capital Holdings Inc (NYSE:GCAP) was released by: Prnewswire.com and their article: “GTX to Launch London and Tokyo Matching Engines” with publication date: September 28, 2016.

GCAP Company Profile

GAIN Capital Holdings, Inc. (GAIN Capital), incorporated on March 24, 2006, is a well-known provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Company’s divisions include Retail segment, Institutional segment, Futures segment, and Corporate and other. It offers its clients access to a range of over 12,500 financial products, including spot foreign exchange (forex) and precious metals trading, as well as contracts for difference (CFDs), which are investment products with returns linked to the performance of underlying asset. It also supports trading of exchange-traded futures and options on futures on over 30 global exchanges. In the United Kingdom, the Company offers spread bets, which are investment products similar to CFDs. It services clients in over 180 countries across the world, and conducts business from its offices in Bedminster, New Jersey; Jersey City, New Jersey; London, England; Cornwall, England; Chicago, Illinois; Powell, Ohio; Grand Rapids, Michigan; Tokyo, Japan; Sydney, Australia; Beijing, China; Shanghai, China; Pembroke, Bermuda; Hong Kong, and Singapore.

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