Virtu Financial (NYSE:VIRT - Get Free Report) released its earnings results on Wednesday. The company reported $1.27 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.01), Zacks reports. Virtu Financial had a return on equity of 37.56% and a net margin of 11.98%. The company had revenue of $567.72 million during the quarter, compared to analysts' expectations of $519.17 million.
Virtu Financial Stock Down 0.3%
Virtu Financial stock traded down $0.15 during midday trading on Friday, hitting $43.99. 276,612 shares of the company's stock were exchanged, compared to its average volume of 953,286. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.10 and a quick ratio of 0.49. Virtu Financial has a 12 month low of $26.50 and a 12 month high of $45.77. The stock has a market cap of $6.78 billion, a price-to-earnings ratio of 10.00, a PEG ratio of 0.65 and a beta of 0.70.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised shares of Virtu Financial from a "hold" rating to a "buy" rating in a research note on Sunday, July 13th.
Get Our Latest Stock Analysis on VIRT
Virtu Financial Company Profile
(
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Virtu Financial, Inc, a financial services company, provides data, analytics, and connectivity products to clients worldwide. The company operates in two segments, Market Making and Execution Services. Its product suite includes offerings in execution, liquidity sourcing, analytics and broker-neutral, and multi-dealer platforms in workflow technology.
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