Weiss Ratings Reiterates "Buy (B-)" Rating for Virtu Financial (NYSE:VIRT)

Key Points

• Weiss Ratings has reiterated a "Buy (B-)" rating for Virtu Financial (NYSE:VIRT) in their latest research note issued on Wednesday.
• Shares of Virtu Financial traded up 1.2% to reach $32.77, with a market cap of $5.01 billion and a P/E ratio of 7.45.
• The company reported $1.27 EPS for the last quarter, slightly missing analysts' expectations, but achieved revenue of $567.72 million, exceeding forecasts.

Virtu Financial (NYSE:VIRT - Get Free Report)'s stock had its "buy (b-)" rating reissued by analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Several other equities research analysts have also recently issued reports on the stock. Zacks Research cut shares of Virtu Financial from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 15th. Wall Street Zen cut shares of Virtu Financial from a "buy" rating to a "hold" rating in a research note on Saturday, August 30th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Virtu Financial Trading Up 1.2%

Shares of NYSE:VIRT traded up $0.39 during trading on Wednesday, reaching $32.77. The stock had a trading volume of 517,801 shares, compared to its average volume of 975,784. Virtu Financial has a one year low of $29.82 and a one year high of $45.77. The firm has a market cap of $5.01 billion, a P/E ratio of 7.45, a P/E/G ratio of 0.44 and a beta of 0.62. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.40 and a quick ratio of 0.40. The stock has a 50-day moving average of $39.16.

Virtu Financial (NYSE:VIRT - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $1.27 EPS for the quarter, missing analysts' consensus estimates of $1.28 by ($0.01). The company had revenue of $567.72 million during the quarter, compared to analyst estimates of $519.17 million. Virtu Financial had a return on equity of 37.56% and a net margin of 11.98%.

Virtu Financial Company Profile

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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