MarketAxess Holdings Inc. (NASDAQ: MKTX) is -25.93% lower on its value in year-to-date trading and has touched a low of $198.01 and a high of $301.22 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MKTX stock was last observed hovering at around $204.42 in the last trading session, with the day’s gains setting it 12.49%.
Currently trading at $216.91, the stock is 6.34% and 2.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.72 million and changing 6.11% at the moment leaves the stock -7.04% off its SMA200. MKTX registered -26.11% loss for a year compared to 6-month loss of -2.07%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 6.97% gain in the last 1 month and extending the period to 3 months gives it a 0.32%, and is 7.27% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.81% over the week and 2.69% over the month.
MarketAxess Holdings Inc. (MKTX) has around 881 employees, a market worth around $8.22B and $759.06M in sales. Current P/E ratio is 31.82 and Fwd P/E is 27.21. Profit margin for the company is 33.86%. Distance from 52-week low is 9.54% and -27.99% from its 52-week high. The company has generated returns on investments over the last 12 months (19.50%).
The EPS is expected to grow by 3.26% this year
The shares outstanding are 37.90M, and float is at 37.02M with Short Float at 2.90%.
MarketAxess Holdings Inc. (MKTX) Insider Activity
The most recent transaction is an insider sale by McPherson Kevin M, the company’s Chief Revenue Officer. SEC filings show that McPherson Kevin M sold 2,000 shares of the company’s common stock on Feb 16 ’24 at a price of $221.26 per share for a total of $0.44 million. Following the sale, the insider now owns 70092.0 shares.
MarketAxess Holdings Inc. disclosed in a document filed with the SEC on Dec 08 ’23 that McPherson Kevin M (Chief Revenue Officer) sold a total of 920 shares of the company’s common stock. The trade occurred on Dec 08 ’23 and was made at $260.50 per share for $0.24 million. Following the transaction, the insider now directly holds 68959.0 shares of the MKTX stock.
Still, SEC filings show that on Nov 27 ’23, McPherson Kevin M (Chief Revenue Officer) disposed off 1,020 shares at an average price of $230.95 for $0.24 million. The insider now directly holds 69,879 shares of MarketAxess Holdings Inc. (MKTX).
