Cboe Global Markets (BATS:CBOE) Reaches New 12-Month High Following Earnings Beat

Cboe Global Markets, Inc. (BATS:CBOE) shares reached a new 52-week high during trading on Monday following a stronger than expected earnings report. The company traded as high as $279.44 and last traded at $279.3320, with a volume of 441676 shares changing hands. The stock had previously closed at $273.36.

The company reported $3.06 earnings per share for the quarter, topping the consensus estimate of $2.93 by $0.13. The firm had revenue of $671.10 million for the quarter, compared to analysts’ expectations of $659.59 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%.

Cboe Global Markets Trading Down 2.4%

The business has a 50-day moving average of $260.73 and a 200-day moving average of $250.14. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The stock has a market cap of $29.07 billion, a price-to-earnings ratio of 141.27 and a beta of 0.61.

About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.