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The price of Virtu Financial Inc (NASDAQ: VIRT) closed at $28.44 in the last session, down -3.98% from day before closing price of $29.62. In other words, the price has decreased by -$3.98 from its previous closing price. On the day, 1.65 million shares were traded. VIRT stock price reached its highest trading level at $29.425 during the session, while it also had its lowest trading level at $28.2802.
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 0.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.83. In the meantime, Its Debt-to-Equity ratio is 2.19 whereas as Long-Term Debt/Eq ratio is at 1.39.
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 Feb 07 ’24 when Cifu Douglas A bought 50,000 shares for $16.21 per share. The transaction valued at 810,410 led to the insider holds 584,132 shares of the business.
Cifu Douglas A bought 50,000 shares of VIRT for $853,150 on Sep 13 ’23. The Chief Executive Officer now owns 442,755 shares after completing the transaction at $17.06 per share. On Sep 13 ’23, another insider, Molluso Joseph, who serves as the Co-President & Co-COO of the company, bought 15,000 shares for $17.17 each. As a result, the insider paid 257,481 and bolstered with 358,160 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 4656082944 and an Enterprise Value of -3562050048. As of this moment, Virtu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.36, and their Forward P/E ratio for the next fiscal year is 9.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 2.08. Its current Enterprise Value per Revenue stands at -1.943.
Stock Price History:
The Beta on a monthly basis for VIRT is 0.40, which has changed by 0.5216694 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, VIRT has reached a high of $29.69, while it has fallen to a 52-week low of $16.02. The 50-Day Moving Average of the stock is 22.13%, while the 200-Day Moving Average is calculated to be 41.71%.
Shares Statistics:
According to the various share statistics, VIRT traded on average about 1.62M shares per day over the past 3-months and 1909270 shares per day over the past 10 days. A total of 89.09M shares are outstanding, with a floating share count of 83.37M. Insiders hold about 5.79% of the company’s shares, while institutions hold 79.92% stake in the company. Shares short for VIRT as of 1719532800 were 4457415 with a Short Ratio of 2.75, compared to 1717113600 on 1540577. Therefore, it implies a Short% of Shares Outstanding of 4457415 and a Short% of Float of 5.3600002.
Dividends & Splits
The forward annual dividend rate for VIRT is 0.96, which was 0.96 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.032410532The stock’s 5-year Average Dividend Yield is 4.39.
