What’s in GMP Capital Inc. After Today’s Huge Decline?

 What's in GMP Capital Inc. After Today's Huge Decline?

The stock of GMP Capital Inc. (TSE:GMP) is a huge mover today! About 27,200 shares traded hands or 27.61% up from the average. GMP Capital Inc. (TSE:GMP) has risen 1.26% since March 28, 2016 and is uptrending. It has underperformed by 1.76% the S&P500.
The move comes after 6 months negative chart setup for the $406.52M company. It was reported on Nov, 1 by Barchart.com. We have $4.17 PT which if reached, will make TSE:GMP worth $44.72 million less.

More news for GMP Capital Inc. (TSE:GMP) were recently published by: Business.Financialpost.com, which released: “GMP Capital Inc to cut 97 jobs, suspend dividend, exit U.K. and Australia” on January 13, 2016. Wsj.com‘s article titled: “GMP Capital, Desjardins Capital Markets Make Some Key Hirings” and published on March 01, 2016 is yet another important article.

GMP Capital Inc. is a diversified financial services firm. The company has a market cap of $406.52 million. The Firm provides a range of financial services and products to a client base that includes corporate clients, institutional investors and high-net-worth individuals in two integrated divisions. It currently has negative earnings. The Firm operates in two divisions: Capital Markets and Wealth Management.

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