Shares of StoneX Group Inc. (NASDAQ:SNEX – Get Rating) fell 4.3% on Monday . The company traded as low as $86.00 and last traded at $87.53. 90,462 shares traded hands during trading, a decline of 2% from the average session volume of 92,312 shares. The stock had previously closed at $91.44.
StoneX Group Trading Up 3.2 %
The company has a debt-to-equity ratio of 1.43, a current ratio of 1.39 and a quick ratio of 1.06. The firm has a fifty day simple moving average of $95.84 and a 200-day simple moving average of $90.93. The firm has a market cap of $1.80 billion, a P/E ratio of 8.72 and a beta of 0.99.
StoneX Group (NASDAQ:SNEX – Get Rating) last issued its earnings results on Monday, November 21st. The company reported $2.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $0.56. The company had revenue of $583.40 million for the quarter, compared to analysts’ expectations of $518.10 million. StoneX Group had a return on equity of 20.89% and a net margin of 0.31%. On average, equities research analysts expect that StoneX Group Inc. will post 9.07 earnings per share for the current year.
Insider Buying and Selling
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. purchased a new stake in shares of StoneX Group during the 1st quarter valued at $297,000. Raymond James Financial Services Advisors Inc. bought a new stake in StoneX Group in the first quarter worth about $208,000. Bank of New York Mellon Corp boosted its stake in StoneX Group by 5.0% in the first quarter. Bank of New York Mellon Corp now owns 172,394 shares of the company’s stock valued at $12,797,000 after acquiring an additional 8,153 shares during the last quarter. Citigroup Inc. grew its position in shares of StoneX Group by 14.9% during the 1st quarter. Citigroup Inc. now owns 14,836 shares of the company’s stock valued at $1,102,000 after acquiring an additional 1,929 shares during the period. Finally, Bank of Montreal Can increased its stake in shares of StoneX Group by 5.5% during the 1st quarter. Bank of Montreal Can now owns 5,213 shares of the company’s stock worth $394,000 after purchasing an additional 272 shares during the last quarter. 75.53% of the stock is currently owned by hedge funds and other institutional investors.
StoneX Group Company Profile
StoneX Group Inc operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. The company operates through Commercial, Institutional, Retail, and Global Payments segments. The Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services.
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