Virtu Financial Inc (NASDAQ:VIRT) shares, rose in value on Friday, January 03, with the stock price down by -0.80% to the previous day’s close as strong demand from buyers drove the stock to $35.78.
Actively observing the price movement in the last trading, the stock closed the session at $36.07, falling within a range of $35.3762 and $36.525. The value of beta (5-year monthly) was 0.368 whereas the PE ratio was 17.92 over 12-month period. Referring to stock’s 52-week performance, its high was $38.45, and the low was $16.02. On the whole, VIRT has fluctuated by -5.71% over the past month.
With the market capitalization of Virtu Financial Inc currently standing at about $5.53 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.96, with its dividend yield at 2.68%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.51B, with a low estimate of 335.43M and a high estimate of 407.87M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 378.24M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VIRT’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.65, with the price of VIRT currently trading nearly -0.78% and 1.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.06, while the 7-day volatility ratio is showing 2.33% which for the 30-day chart, stands at 2.71%. Furthermore, Virtu Financial Inc (VIRT)’s beta value is 0.44, and its average true range (ATR) is 0.99.
A comparison of Virtu Financial Inc (VIRT) with its peers suggests the former has fared considerably weaker in the market. VIRT showed an intraday change of -0.80% in last session, and over the past year, it grew by 76.60%%.
Data on historical trading for Virtu Financial Inc (NASDAQ:VIRT) indicates that the trading volumes over the past 10 days have averaged 0.81 and over the past 3 months, they’ve averaged 902.50K. According to company’s latest data on outstanding shares, there are 86.39 million shares outstanding.
Nearly 5.95% of Virtu Financial Inc’s shares belong to company insiders and institutional investors own 87.36% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.62 million shares as on 2024-12-13, resulting in a short ratio of 3.2. According to the data, the short interest in Virtu Financial Inc (VIRT) stood at 324.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 2.54 million. The stock has risen by 0.28% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VIRT stock heading into the next quarter.
