Notable Runner: Could Gain Capital Holdings Inc See a Reversal After This Very Strong Session?

Notable Runner: Could Gain Capital Holdings Inc See a Reversal After This Very Strong Session?

The stock of Gain Capital Holdings Inc (NYSE:GCAP) is a huge mover today! The stock increased 3.98% or $0.25 on November 22, hitting $6.53. About 260,615 shares traded hands or 24.49% up from the average. Gain Capital Holdings Inc (NYSE:GCAP) has declined 9.51% since April 20, 2016 and is downtrending. It has underperformed by 14.07% the S&P500.
The move comes after 7 months positive chart setup for the $319.38 million company. It was reported on Nov, 22 by Barchart.com. We have $6.86 PT which if reached, will make NYSE:GCAP worth $15.97 million 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 rating was downgraded by Raymond James to “Market Perform” 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 decreased to 1.1 in 2016 Q2. Its down 1.20, from 2.3 in 2016Q1. The ratio dropped, 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.
International Grp Inc Inc accumulated 0% or 21,468 shares. Tfs Ltd Limited Liability Company accumulated 0.02% or 16,120 shares. The Connecticut-based Aqr Mgmt Limited Liability Company has invested 0% in Gain Capital Holdings Inc (NYSE:GCAP). Acadian Asset Management Ltd Llc last reported 0.06% of its portfolio in the stock. D E Shaw & Inc reported 125,020 shares or 0% of all its holdings. Buckhead Capital Ltd Liability Co holds 0.11% or 95,290 shares in its portfolio. Walleye Trading Llc has 0% invested in the company for 600 shares. National Bank Of Montreal Can holds 1.93M shares or 0.01% of its portfolio. Globeflex Lp has invested 0.18% of its portfolio in Gain Capital Holdings Inc (NYSE:GCAP). Martingale Asset Mgmt L P accumulated 0.02% or 181,041 shares. California State Teachers Retirement last reported 78,196 shares in the company. State Common Retirement Fund has invested 0% of its portfolio in Gain Capital Holdings Inc (NYSE:GCAP). Qs Invsts Ltd accumulated 0% or 26,250 shares. Deere And has 37,898 shares for 0.01% of their US portfolio. Hawk Ridge Capital Mngmt Lp holds 0.47% or 123,955 shares in its portfolio.

Insider Transactions: Since May 31, 2016, the stock had 1 buying transaction, and 3 insider sales for $9,822 net activity. Scott Jeffrey had sold 1,657 shares worth $11,422 on Tuesday, May 31. $14,767 worth of Gain Capital Holdings Inc (NYSE:GCAP) shares were sold by Rotsztain Diego. Shares for $54,097 were bought by SCHENK JOSEPH A. 2,624 shares were sold by Roady Samantha, worth $18,086.

More important recent Gain Capital Holdings Inc (NYSE:GCAP) news were published by: Prnewswire.com which released: “GAIN Capital Announces Monthly Metrics for August 2016” on September 12, 2016, also Prnewswire.com published article titled: “GAIN Capital to Report Fourth Quarter and Full Year 2015 Results”, 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 Tokyo Matching Engine January 31” with publication date: November 17, 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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