Price Action Don’t Lie: Could Virtu Financial Inc Lose Strenght? The Stock Increases A Lot Today

Price Action Don't Lie: Could Virtu Financial Inc Lose Strenght? The Stock Increases A Lot Today

The stock of Virtu Financial Inc (NASDAQ:VIRT) is a huge mover today! About 601,372 shares traded hands or 98.24% up from the average. Virtu Financial Inc (NASDAQ:VIRT) has declined 42.51% since April 4, 2016 and is downtrending. It has underperformed by 43.60% the S&P500.
The move comes after 5 months positive chart setup for the $1.86B company. It was reported on Nov, 4 by Barchart.com. We have $18.87 PT which if reached, will make NASDAQ:VIRT worth $762.60M more.

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 stock of Virtu Financial Inc (NASDAQ:VIRT) earned “Sell” rating by Zacks on Saturday, August 8. The stock of Virtu Financial Inc (NASDAQ:VIRT) has “Buy” rating given on Thursday, August 4 by UBS. The stock has “Buy” rating given by Goldman Sachs on Monday, January 11. The rating was maintained by UBS on Friday, May 27 with “Buy”. Zacks downgraded Virtu Financial Inc (NASDAQ:VIRT) on Friday, August 21 to “Hold” rating. The company was maintained on Tuesday, April 5 by Goldman Sachs. The rating was maintained by UBS with “Buy” on Tuesday, October 13. The firm has “Buy” rating by UBS given on Thursday, August 6.

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 important recent Virtu Financial Inc (NASDAQ:VIRT) news were published by: Investorplace.com which released: “Virtu Financial Inc (VIRT) Shares Soar on Earnings Beat” on November 04, 2016, also Globenewswire.com published article titled: “Virtu Financial, Inc. Appoints Christopher C. Quick and Michael T. Viola to …”, Reuters.com published: “BRIEF-Virtu Financial’s subsidiary entered into a third amended and restat…” on October 28, 2016. More interesting news about Virtu Financial Inc (NASDAQ:VIRT) was released by: Moodys.com and their article: “Moody’s assigns first-time Ba3 rating to Virtu Financial with a positive outlook” with publication date: October 04, 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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