KCG Holdings, Inc. Class A (NYSE:KCG) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 3, 2016
Having a price of $15.45, KCG Holdings, Inc. Class A (NYSE:KCG) traded -0.52% lower on the day. With the last close up 12.21% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. KCG Holdings, Inc. Class A has recorded a 50-day average of $14.65 and a two hundred day average of $13.77. Volume of trade was down over the average, with 210,378 shares of KCG changing hands under the typical 398,706
Zacks Investment Research has downgraded KCG Holdings, Inc. Class A (NYSE:KCG) to Sell in a statement released on 10/04/2016.
With a total market value of $0, KCG Holdings, Inc. Class A has price-earnings ratio of 15.62 with a one year low of $10.03 and a one year high of $15.70 .
A total of 4 analysts have released a report on KCG Holdings, Inc. Class A. One analyst rating the company a strong buy, two analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $3.26.
More About KCG Holdings, Inc. Class A (NYSE:KCG)
KCG Holdings, Inc., an independent securities firm, provides various services designed to address trading needs across asset classes, product types, and time zones. The company operates through three segments: Market Making, Global Execution Services, and Corporate and Other. The Market Marking segment principally consists of market making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. This segment commits capital on a principal basis by offering to buy securities from, or sell securities to, broker dealers, banks, and institutions. Its principal trading comprise direct-to-client and non-client exchange-based electronic market making, including trade executions conducted as an equities designated market maker on the New York Stock Exchange and NYSE Amex Equities. This segment also participates on various equity and futures exchanges; trades in various domestic electronic options exchanges; and handles specialized orders and transacts on the OTC Bulletin Board and the Alternative Investment Market of the London Stock Exchange. The Global Execution Services segment provides agency execution services and trading venues for trading in equities, futures, options, foreign exchange, and fixed income to institutions and broker dealers. This segment offers agency-based execution-only trading services through various access points, such as algorithmic trading and order routing in various equities; institutional sales traders executing program, block and riskless principal trades in global equities, and exchange traded funds; institutional spot foreign exchange electronic communication network (ECN); fixed income ECN that offers trading applications; and an alternative trading system for global equities. The Corporate and Other segment invests principally in strategic financial services-oriented opportunities. KCG Holdings, Inc. is headquartered in Jersey City, New Jersey.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.