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Gain Capital Holdings (NASDAQ:GCAP) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report released on Tuesday. They currently have a $6.30 target price on the stock. Zacks‘s target price would indicate a potential downside of 5.26% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Sandler O’Neill raised their price target on shares of Gain Capital Holdings from $0.50 to $7.00 in a research note on Tuesday. Separately, analysts at Raymond James cut their price target on shares of Gain Capital Holdings from $11.00 to $8.00 in a research note on Tuesday. Finally, analysts at Keefe, Bruyette & Woods cut their price target on shares of Gain Capital Holdings from $12.00 to $8.00 in a research note on Tuesday. They now have an “outperform” rating on the stock. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. Gain Capital Holdings currently has a consensus rating of “Buy” and a consensus target price of $7.36.

Shares of Gain Capital Holdings (NASDAQ:GCAP) traded down 8.20% on Tuesday, hitting $6.105. The stock had a trading volume of 817,513 shares. Gain Capital Holdings has a 52 week low of $6.14 and a 52 week high of $14.62. The stock’s 50-day moving average is $6.9 and its 200-day moving average is $8.84. The company has a market cap of $245.1 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 in the prior year, the company posted $0.44 earnings per share. The company’s quarterly revenue was down 4.7% on a year-over-year basis. On average, analysts predict that Gain Capital Holdings will post $0.41 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, September 19th. Investors 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.

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

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