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), amid mixed evaluations from other analysts.
• Despite a slight increase in stock price of 0.7% to $33.70, Virtu's stock has experienced fluctuations, with a 12-month low of $30.51 and a high of $45.77.
• The company reported earnings of $1.18 per share and revenue of $455.93 million for the last quarter, indicating a net margin of 11.98% and a return on equity of 37.56%.

Virtu Financial (NYSE:VIRT - Get Free Report)'s stock had its "buy (b-)" rating reiterated by investment analysts at Weiss Ratings in a report released on Friday,Weiss Ratings reports.

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

Virtu Financial Stock Up 0.7%

NYSE VIRT traded up $0.24 on Friday, reaching $33.70. 367,469 shares of the stock traded hands, compared to its average volume of 966,212. Virtu Financial has a 12 month low of $30.51 and a 12 month high of $45.77. The company has a market capitalization of $5.15 billion, a P/E ratio of 7.66, a price-to-earnings-growth ratio of 0.46 and a beta of 0.62. The stock's fifty day moving average price is $36.88. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.40 and a current ratio of 0.40.

Virtu Financial (NYSE:VIRT - Get Free Report) last announced its quarterly earnings data on Tuesday, February 8th. The company reported $1.18 earnings per share for the quarter. The business had revenue of $455.93 million during the quarter. Virtu Financial had a return on equity of 37.56% and a net margin of 11.98%.

About Virtu Financial

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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