Pre-Market Technical Recap on Investment Brokerage Stocks -- Charles Schwab, TD Ameritrade, BGC Partners, and KCG Holdings
NEW YORK, July 26, 2017 /PRNewswire/ --
If you want a Stock Review on SCHW, AMTD, BGCP, or KCG then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Today, DailyStockTracker.com monitors the performances of the following four equities: The Charles Schwab Corp. (NYSE: SCHW), TD Ameritrade Holding Corp. (NASDAQ: AMTD), BGC Partners Inc. (NASDAQ: BGCP), and KCG Holdings Inc. (NYSE: KCG). National Investment Brokerage firms, also known as wire houses, maintain networks of hundreds of offices worldwide and offer clients many financial services beyond investment management. Daily Stock Tracker provides great insights on these stocks in its free research reports at:
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Charles Schwab
California headquartered The Charles Schwab Corp.'s shares rose 2.36%, finishing Tuesday's trading session at $42.95. A total volume of 7.33 million shares was traded, which was higher than their three months average volume of 7.17 million shares. In the last month and the previous three months, the stock has advanced 3.20% and 8.40%, respectively. Additionally, the Company's shares have gained 8.82% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 4.15% and 8.99%, respectively. Moreover, shares of Charles Schwab, which through its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services, have a Relative Strength Index (RSI) of 58.21.
On July 20th, 2017, Charles Schwab's Board of Directors declared a regular quarterly cash dividend of $0.08 per common share. The dividend is payable on August 25th, 2017, to stockholders of record as of the close of business on August 11th, 2017.
On July 24th, 2017, research firm Instinet downgraded the Company's stock rating from 'Buy' to 'Neutral'. Free research report on SCHW is available at:
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TD Ameritrade
On Tuesday, shares in Nebraska headquartered TD Ameritrade Holding Corp. recorded a trading volume of 2.79 million shares, which was above their three months average volume of 2.58 million shares. The stock ended the session 0.79% higher at $46.97. The Company's shares have gained 15.18% in the last one month, 20.31% over the previous three months, and 7.73% on an YTD basis. The stock is trading 14.42% above its 50-day moving average and 15.91% above its 200-day moving average. Furthermore, shares of TD Ameritrade have an RSI of 74.16.
On July 18th, 2017, TD Ameritrade has released results for Q3 FY17. The Company gathered a record $22.0 billion in net new client assets for the quarter, and reported approximately 510,000 client trades per day, on average. The Company also reported record net revenues of $931 million for Q3 2017, client assets of $882 billion, and earnings per diluted share of $0.44 on net income of $231 million. The complimentary research report on AMTD can be downloaded at:
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BGC Partners
Shares in New York headquartered BGC Partners Inc. closed at $13.37, climbing 0.45% from the last trading session. The stock recorded a trading volume of 1.74 million shares. The Company's shares have gained 12.45% in the last one month, 16.97% over the previous three months, and 30.69% since the start of this year. The stock is trading 8.96% and 22.20% above its 50-day and 200-day moving averages, respectively. Additionally, shares of BGC Partners, which operates as a brokerage company servicing the financial and real estate markets worldwide, have an RSI of 79.06.
On July 18th, 2017, BGC Partners (BGCP) announced that it has agreed to acquire Berkeley Point Financial LLC, a leading commercial real estate finance company. The total consideration payable by the former for the acquisition is $875 million, subject to certain adjustments at closing. After the proposed acquisition is completed, Berkeley Point and the investment in the new real estate business will become part of Newmark Knight Frank, BGCP's Real Estate Services segment. Visit DailyStockTracker.com today and access our complete research report on BGCP at:
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KCG Holdings
New York headquartered KCG Holdings Inc.'s stock ended flat at $20.00 with a three months average volume of 904,760 shares. The Company's shares have advanced 0.25% in the last one month, 12.74% over the previous three months, and 50.94% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.48% and 22.29%, respectively. Furthermore, shares of KCG Holdings, which provides various services designed to address trading needs across asset classes, product types, and time zones, have an RSI of 62.98.
On July 17th, 2017, KCG Holdings released trade volumes for the month of June 2017. In Market Making, the Company averaged $28.7 billion dollar volume traded, 9.1 billion shares traded, and 3.4 million trades per day in US equities. In Global Execution Services, KCG Institutional Equities averaged 195.8 million US equity shares traded per day, and KCG BondPoint averaged $304.6 million fixed income par value traded per day. Get free access to your research report on KCG at:
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