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Research analysts at Jefferies Group reduced their price objective on shares of GAIN Capital Holdings (NASDAQ:GCAP) from $11.50 to $9.50 in a report released on Monday, AnalystRatings.NET reports. The firm currently has a “buy” rating on the stock. Jefferies Group’s price objective points to a potential upside of 24.02% from the stock’s previous close.

GCAP has been the subject of a number of other recent research reports. Analysts at Zacks upgraded shares of GAIN Capital Holdings from a “neutral” rating to an “outperform” rating in a research note on Tuesday, May 6th. They now have a $11.00 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods initiated coverage on shares of GAIN Capital Holdings in a research note on Friday, May 2nd. They set an “outperform” rating and a $12.00 price target on the stock. Six analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus target price of $11.70.

In other GAIN Capital Holdings news, Director Christopher Warren Calhoun sold 8,250 shares of the company’s stock on the open market in a transaction dated Thursday, May 1st. The stock was sold at an average price of $10.01, for a total transaction of $82,582.50. Following the completion of the transaction, the director now directly owns 2,842 shares in the company, valued at approximately $28,448. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of GAIN Capital Holdings (NASDAQ:GCAP) traded down 4.01% during mid-day trading on Monday, hitting $7.66. 862,520 shares of the company’s stock traded hands. GAIN Capital Holdings has a 1-year low of $5.08 and a 1-year high of $14.62. The stock’s 50-day moving average is $10.22 and its 200-day moving average is $9.67. The company has a market cap of $302.9 million and a P/E ratio of 11.30.

GAIN Capital Holdings (NASDAQ:GCAP) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by $0.11. The company had revenue of $75.80 million for the quarter, compared to the consensus estimate of $85.06 million. During the same quarter in the previous year, the company posted $0.11 earnings per share. The company’s revenue for the quarter was up 52.2% on a year-over-year basis. On average, analysts predict that GAIN Capital Holdings will post $0.93 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, June 20th. Stockholders of record on Thursday, June 12th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date of this dividend is Tuesday, June 10th.

GAIN Capital Holdings Inc (NASDAQ:GCAP) is an independent provider of online forex trading.

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