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Equities researchers at Jefferies Group reduced their price target on shares of Gain Capital Holdings (NASDAQ:GCAP) from $9.00 to $7.50 in a research report issued on Tuesday. The firm currently has a “buy” rating on the stock. Jefferies Group’s price objective points to a potential upside of 12.78% from the stock’s previous close.

Gain Capital Holdings (NASDAQ:GCAP) traded down 5.11% on Tuesday, hitting $6.31. 1,094,969 shares of the company’s stock traded hands. Gain Capital Holdings has a 1-year low of $5.95 and a 1-year high of $14.62. The stock’s 50-day moving average is $6.89 and its 200-day moving average is $8.82. The company has a market cap of $253.3 million and a P/E ratio of 9.42.

Gain Capital Holdings (NASDAQ:GCAP) last announced its earnings results on Monday, August 11th. The company reported ($0.13) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.07 by $0.20. The company had revenue of $69.70 million for the quarter, compared to the consensus estimate of $66.52 million. During the same quarter last year, the company posted $0.44 earnings per share. Gain Capital Holdings’s revenue was down 4.7% compared to the same quarter last year. Analysts expect that Gain Capital Holdings will post $0.41 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, September 19th. Shareholders of record on Friday, September 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 3.01%.

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

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