Advertisement
Australia markets closed

  • ALL ORDS

    7,817.40
    -81.50 (-1.03%)
     

  • ASX 200

    7,567.30
    -74.80 (-0.98%)
     

  • AUD/USD

    0.6419
    -0.0007 (-0.11%)
     

  • OIL

    83.34
    +0.61 (+0.74%)
     

  • GOLD

    2,403.50
    +5.50 (+0.23%)
     

  • Bitcoin AUD

    99,543.05
    +538.17 (+0.54%)
     

  • CMC Crypto 200

    1,381.14
    +68.52 (+5.22%)
     

  • AUD/EUR

    0.6019
    -0.0011 (-0.19%)
     

  • AUD/NZD

    1.0900
    +0.0025 (+0.23%)
     

  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     

  • NASDAQ

    17,037.65
    -356.67 (-2.05%)
     

  • FTSE

    7,895.85
    +18.80 (+0.24%)
     

  • Dow Jones

    37,986.40
    +211.02 (+0.56%)
     

  • DAX

    17,737.36
    -100.04 (-0.56%)
     

  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

GAIN Capital (GCAP) Jumps: Stock Rises 7%

Zacks Equity Research
·2-min read

GAIN Capital Holdings, Inc. GCAP was a big mover last session, as the company saw its shares rise 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 35.3% in the past one-month time frame.

The move came after the company reported better-than-expected first-quarter 2020 results.

The company has seen two positive estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for GAIN Capital. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

GAIN Capital currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

ADVERTISEMENT

GAIN Capital Holdings, Inc. Price

GAIN Capital Holdings, Inc. Price
GAIN Capital Holdings, Inc. Price

GAIN Capital Holdings, Inc. price | GAIN Capital Holdings, Inc. Quote

Another player in the Financial - Investment Bank industry, which looks attractive at current levels is BGC Partners, Inc. BGCP, which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

Click here for the 6 trades >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
BGC Partners, Inc. (BGCP) : Free Stock Analysis Report
 
GAIN Capital Holdings, Inc. (GCAP) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research