Gain Capital Holdings (GCAP) Posts Quarterly Earnings, Misses Expectations By $0.20 EPS
Gain Capital Holdings (NASDAQ:GCAP) issued its quarterly earnings data on Monday. The company reported ($0.13) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.07 by $0.20, AmericanBankingNews.com reports. The company had revenue of $69.70 million for the quarter, compared to the consensus estimate of $66.52 million.
Gain Capital Holdings (NASDAQ:GCAP) traded up 2.47% on Monday, hitting $6.65. 243,829 shares of the company’s stock traded hands. Gain Capital Holdings has a 52 week low of $6.14 and a 52 week high of $14.62. The stock has a 50-day moving average of $7.03 and a 200-day moving average of $8.86. The company has a market cap of $266.9 million and a P/E ratio of 9.19.
On the ratings front, analysts at Jefferies Group reiterated a “buy” rating on shares of Gain Capital Holdings in a research note on Tuesday, July 22nd. They now have a $9.00 price target on the stock, down previously from $9.50. Five analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus target price of $11.75.
GAIN Capital Holdings Inc (NASDAQ:GCAP) is an independent provider of online forex trading.
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