NEW YORK, August 17, 2017 /PRNewswire/ --
If you want a Stock Review on VIRT, GHL, RJF, or SF then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. IBISWorld reported in January that the Global Investment Banking and Brokerage industry's focus on recovery has been damaged by persistent interest rate stability and regulatory changes over the five years to 2016. In the coming years, the industry's largest players should benefit from the expected uptick in interest rate volatility. In addition, improving cyclical trends are anticipated to return the industry to growth over the next five years. Pre-market today, DailyStockTracker.com presents for evaluation the following equities: Virtu Financial Inc. (NASDAQ: VIRT), Greenhill & Co. Inc. (NYSE: GHL), Raymond James Financial Inc. (NYSE: RJF), and Stifel Financial Corp. (NYSE: SF). These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at: http://dailystocktracker.com/register/
New York headquartered Virtu Financial Inc.'s stock finished Wednesday's session 0.29% lower at $17.25. A total volume of 575,029 shares was traded, which was above their three months average volume of 556,380 shares. Over the last month and the previous three months, the Company's shares have advanced 5.18% and 10.22%, respectively. Additionally, the stock has gained 8.15% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 1.79% and 6.24%, respectively. Moreover, shares of Virtu Financial, which together with its subsidiaries, provide market making and liquidity services to the financial markets worldwide, have a Relative Strength Index (RSI) of 60.73.
On July 20th, 2017, Virtu Financial (VIRT) completed its acquisition of KCG Holdings, Inc. in a cash transaction valued at $20.00 per KCG share, or a total of approximately $1.4 billion. As previously announced, Mr. Douglas Cifu will continue to serve as VIRT's CEO, and Joseph Molluso will continue to serve as its CFO.
On August 10th, 2017, research firm Goldman resumed its 'Neutral' rating on the Company's stock, with a target price of $16 per share. Your complete research report on VIRT can be retrieved for free at: http://dailystocktracker.com/registration/?symbol=VIRT
Shares in New York headquartered Greenhill & Co. Inc. declined 0.30%, ending yesterday's session at $16.40 with a total trading volume of 486,955 shares. The stock is trading 15.76% below its 50-day moving average. Shares of the Company, which together with its subsidiaries, operates as an independent investment bank for corporations, partnerships, institutions, and governments worldwide, have an RSI of 20.04.
On July 27th, 2017, Greenhill reported results for the quarter and six months ended June 30th, 2017. For Q2 2017, revenues were $67.3 million, net income was $6.2 million, and diluted earnings per share (EPS) were $0.20. For H1 2017, revenues were $124.2 million, net income was $5.5 million, and diluted EPS was $0.17. A free report on GHL is just a click away at: http://dailystocktracker.com/registration/?symbol=GHL
Raymond James Financial
On Wednesday, St. Petersburg, Florida headquartered Raymond James Financial Inc.'s stock saw a slight drop of 0.52%, to close the day at $79.92. A total volume of 322,154 shares was traded. The Company's shares have advanced 11.34% in the previous three months and 15.37% on an YTD basis. The stock is trading 5.84% above its 200-day moving average. Additionally, shares of Raymond James Financial, which through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities, and the sale of mutual funds and other investment products in the US, Canada, Europe, and internationally, have an RSI of 39.87. Sign up for your complimentary research report on RJF at: http://dailystocktracker.com/registration/?symbol=RJF
Shares in St. Louis, Missouri headquartered Stifel Financial Corp. ended the day 1.11% lower at $49.79. A total volume of 369,549 shares was traded. The stock has gained 5.24% in the last one month and 11.41% in the previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 5.37% and 2.27%, respectively. Furthermore, shares of Stifel Financial, which provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the US, the UK, and Europe, have an RSI of 54.70.
On August 14th, 2017, Stifel Financial announced that its Board of Directors has declared a quarterly cash dividend on the outstanding shares of the Company's 6.25% Non-Cumulative Perpetual Preferred Stock, Series A. The declared cash dividend equated to approximately $0.390625 per depositary share, or $390.625 per share of the Series A Preferred Stock outstanding. The cash dividend is payable on September 15th, 2017, to shareholders of record on September 01st, 2017. Register for free on DailyStockTracker.com and download the latest research report on SF at: http://dailystocktracker.com/registration/?symbol=SF
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