Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Virtu Financial Inc (NASDAQ: VIRT) closed at $37.59 in the last session, down -1.96% from day before closing price of $38.34. In other words, the price has decreased by -$1.96 from its previous closing price. On the day, 0.89 million shares were traded. VIRT stock price reached its highest trading level at $38.19 during the session, while it also had its lowest trading level at $37.39.
Ratios:
We take a closer look at VIRT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.45. In the meantime, Its Debt-to-Equity ratio is 2.21 whereas as Long-Term Debt/Eq ratio is at 1.32.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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.
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 5812203008 and an Enterprise Value of -1966698624. As of this moment, Virtu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.62, and their Forward P/E ratio for the next fiscal year is 9.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 2.64. Its current Enterprise Value per Revenue stands at -1.03.
Stock Price History:
The Beta on a monthly basis for VIRT is 0.55, which has changed by 1.278075 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, VIRT has reached a high of $41.38, while it has fallen to a 52-week low of $16.41. The 50-Day Moving Average of the stock is 1.13%, while the 200-Day Moving Average is calculated to be 23.73%.
Shares Statistics:
According to the various share statistics, VIRT traded on average about 886.87K shares per day over the past 3-months and 1082520 shares per day over the past 10 days. A total of 85.95M shares are outstanding, with a floating share count of 80.20M. Insiders hold about 6.70% of the company’s shares, while institutions hold 85.25% stake in the company. Shares short for VIRT as of 1736899200 were 2926272 with a Short Ratio of 3.30, compared to 1734048000 on 2617598. Therefore, it implies a Short% of Shares Outstanding of 2926272 and a Short% of Float of 3.63.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.15.
