A new trading day began on Friday, with MarketAxess Holdings Inc. (NASDAQ: MKTX) stock price up 0.63% from the previous day of trading, before settling in for the closing price of $197.68. MKTX’s price has ranged from $197.31 to $297.97 over the past 52 weeks.
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Annual sales at Financial sector company grew by 12.18% over the past five years. Meanwhile, its annual earnings per share averaged 3.08%. With a float of $37.03 million, this company’s outstanding shares have now reached $37.90 million.
Let’s look at the performance matrix of the company that is accounted for 881 employees.
MarketAxess Holdings Inc. (MKTX) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Capital Markets Industry. The insider ownership of MarketAxess Holdings Inc. is 2.29%, while institutional ownership is 99.28%. The most recent insider transaction that took place on Feb 16 ’24, was worth 442,520. In this transaction Chief Revenue Officer of this company sold 2,000 shares at a rate of $221.26, taking the stock ownership to the 70,092 shares. Before that another transaction happened on Dec 08 ’23, when Company’s Chief Revenue Officer sold 920 for $260.50, making the entire transaction worth $239,660. This insider now owns 68,959 shares in total.
MarketAxess Holdings Inc. (MKTX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 3.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.72% during the next five years compared to 8.46% growth over the previous five years of trading.
MarketAxess Holdings Inc. (NASDAQ: MKTX) Trading Performance Indicators
Here are MarketAxess Holdings Inc.’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.93. Likewise, its price to free cash flow for the trailing twelve months is 25.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.82, a number that is poised to hit 1.73 in the next quarter and is forecasted to reach 7.96 in one year’s time.
Technical Analysis of MarketAxess Holdings Inc. (MKTX)
MarketAxess Holdings Inc. (NASDAQ: MKTX) saw its 5-day average volume 0.66 million, a positive change from its year-to-date volume of 0.43 million. As of the previous 9 days, the stock’s Stochastic %D was 4.20%. Additionally, its Average True Range was 5.77.
During the past 100 days, MarketAxess Holdings Inc.’s (MKTX) raw stochastic average was set at 2.93%, which indicates a significant decrease from 10.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.74% in the past 14 days, which was lower than the 41.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $210.79, while its 200-day Moving Average is $231.30. Nevertheless, the first resistance level for the watch stands at $200.30 in the near term. At $201.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $203.60. If the price goes on to break the first support level at $197.01, it is likely to go to the next support level at $195.08. The third support level lies at $193.71 if the price breaches the second support level.
MarketAxess Holdings Inc. (NASDAQ: MKTX) Key Stats
With a market capitalization of 7.54 billion, the company has a total of 37,897K Shares Outstanding. Currently, annual sales are 752,550 K while annual income is 258,060 K. The company’s previous quarter sales were 210,320 K while its latest quarter income was 72,620 K.
