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Gain Capital Holdings (NASDAQ:GCAP) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued on Wednesday. They currently have a $9.60 target price on the stock. Zacks‘s price objective would indicate a potential upside of 26.65% from the stock’s previous close.

Gain Capital Holdings (NASDAQ:GCAP) traded up 0.53% on Wednesday, hitting $7.62. The stock had a trading volume of 135,861 shares. Gain Capital Holdings has a one year low of $5.20 and a one year high of $14.62. The stock’s 50-day moving average is $8.99 and its 200-day moving average is $9.34. The company has a market cap of $305.9 million and a price-to-earnings ratio of 10.74.

Gain Capital Holdings (NASDAQ:GCAP) last announced its earnings results on Thursday, May 8th. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters 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 prior year, the company posted $0.11 earnings per share. The company’s quarterly revenue was up 52.2% on a year-over-year basis. Analysts expect that Gain Capital Holdings will post $0.58 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, June 20th. Investors of record on Thursday, June 12th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.64%. The ex-dividend date is Tuesday, June 10th.

GCAP has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of Gain Capital Holdings in a research note on Monday, May 12th. They now have a $9.50 price target on the stock, down previously from $11.50. 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. Finally, analysts at TheStreet upgraded shares of Gain Capital Holdings from a “hold” rating to a “buy” rating in a research note on Friday, March 28th. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $11.42.

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

To view Zacks’ full report, visit Zacks’ official website.

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