The stock of Gain Capital Holdings Inc (NYSE:GCAP) is a huge mover today! About 188,733 shares traded hands or 16.40% up from the average. Gain Capital Holdings Inc (NYSE:GCAP) has declined 29.80% since April 4, 2016 and is downtrending. It has underperformed by 30.89% the S&P500.
The move comes after 9 months positive chart setup for the $257.35M company. It was reported on Nov, 4 by Barchart.com. We have $11.42 PT which if reached, will make NYSE:GCAP worth $290.81M more.
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 stock has “Market Perform” rating given by Raymond James on Wednesday, March 16.
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 Q2 2016. 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.
Moreover, Pnc Fin Service Group Incorporated Incorporated has 0% invested in Gain Capital Holdings Inc (NYSE:GCAP) for 69 shares. Renaissance Techs Ltd accumulated 0.01% or 482,700 shares. Royal Savings Bank Of Canada has 0% invested in the company for 69,271 shares. New York State Common Retirement Fund reported 443,504 shares or 0% of all its holdings. Foundry Prtn Ltd Liability accumulated 0.17% or 470,960 shares. Moreover, Lsv Asset Mgmt has 0% invested in Gain Capital Holdings Inc (NYSE:GCAP) for 166,600 shares. Schwab Charles has 0% invested in the company for 144,329 shares. Vanguard Grp Inc Inc has invested 0% of its portfolio in Gain Capital Holdings Inc (NYSE:GCAP). Bancorp Of Montreal Can has 0.01% invested in the company for 1.93M shares. Connor Clark Lunn Inv Mgmt Limited accumulated 0.01% or 113,175 shares. State Street accumulated 0% or 642,139 shares. Diam holds 0.01% or 77,413 shares in its portfolio. Arcadia Corporation Mi reported 2,900 shares or 0.01% of all its holdings. Prudential Inc last reported 0% of its portfolio in the stock. Signia Limited Company accumulated 1.68% or 83,631 shares.
Insider Transactions: Since May 31, 2016, the stock had 0 insider purchases, and 3 sales for $44,275 net activity. $14,767 worth of Gain Capital Holdings Inc (NYSE:GCAP) shares were sold by Rotsztain Diego. The insider Roady Samantha sold 2,624 shares worth $18,086. 1,657 shares were sold by Scott Jeffrey, worth $11,422.
More 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 the news titled: “GAIN Capital Announces Monthly Metrics for August 2016” on September 12, 2016. Prnewswire.com‘s news article titled: “GAIN Capital launches new website and refresh of global FX trading brand …” with publication date: July 19, 2016 was also an interesting one.
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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