Closing Bell Recap: Virtu Financial Inc (VIRT) Ends at 31.31, Reflecting a 0.51 Upturn

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Virtu Financial Inc (NASDAQ: VIRT) closed the day trading at $31.31 up 0.51% from the previous closing price of $31.15. In other words, the price has increased by $0.51 from its previous closing price. On the day, 1.61 million shares were traded. VIRT stock price reached its highest trading level at $31.66 during the session, while it also had its lowest trading level at $31.0.

Ratios:

For a better understanding of VIRT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.18. In the meantime, Its Debt-to-Equity ratio is 2.56 whereas as Long-Term Debt/Eq ratio is at 1.60.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on November 28, 2023, initiated with a Buy rating and assigned the stock a target price of $20.

On September 14, 2023, Citigroup Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $20.

Morgan Stanley Upgraded its Underweight to Equal-Weight on April 11, 2023, whereas the target price for the stock was revised from $18 to $21.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 05 ’24 when Gambale Virginia sold 5,400 shares for $27.30 per share. The transaction valued at 147,420 led to the insider holds 24,122 shares of the business.

Gambale Virginia bought 5,400 shares of VIRT for $147,420 on Aug 05 ’24. On Feb 07 ’24, another insider, Cifu Douglas A, who serves as the Chief Executive Officer of the company, bought 50,000 shares for $16.21 each. As a result, the insider paid 810,410 and bolstered with 584,132 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VIRT now has a Market Capitalization of 4880038912 and an Enterprise Value of -3112679168. As of this moment, Virtu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.80, and their Forward P/E ratio for the next fiscal year is 10.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 2.22. Its current Enterprise Value per Revenue stands at -1.699.

Stock Price History:

Over the past 52 weeks, VIRT has reached a high of $32.88, while it has fallen to a 52-week low of $16.02. The 50-Day Moving Average of the stock is 6.52%, while the 200-Day Moving Average is calculated to be 37.97%.

Shares Statistics:

Over the past 3-months, VIRT traded about 1.30M shares per day on average, while over the past 10 days, VIRT traded about 1589010 shares per day. A total of 89.09M shares are outstanding, with a floating share count of 82.08M. Insiders hold about 5.87% of the company’s shares, while institutions hold 89.20% stake in the company. Shares short for VIRT as of 1724976000 were 2504403 with a Short Ratio of 1.93, compared to 1722384000 on 3433712. Therefore, it implies a Short% of Shares Outstanding of 2504403 and a Short% of Float of 3.06.

Dividends & Splits

VIRT’s forward annual dividend rate is 0.96, up from 0.96 a year ago. Against a Trailing Annual Dividend Yield of 0.030818619The stock’s 5-year Average Dividend Yield is 4.35.

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