Gain Capital (GCAP) Upgraded to “Hold” at ValuEngine

Gain Capital (NYSE:GCAP) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a report released on Monday, February 4th.

A number of other equities research analysts have also recently weighed in on the company. TheStreet cut Gain Capital from a “b-” rating to a “c+” rating in a research note on Tuesday, January 15th. Zacks Investment Research cut Gain Capital from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 15th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $8.44.

Shares of NYSE GCAP traded up $0.15 during trading on Monday, reaching $7.05. The stock had a trading volume of 270,257 shares, compared to its average volume of 172,652. Gain Capital has a fifty-two week low of $5.68 and a fifty-two week high of $8.50. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $314.85 million, a PE ratio of 10.68, a PEG ratio of 1.37 and a beta of 0.56.

In other news, Director Christopher Warren Calhoun sold 25,000 shares of the company’s stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $7.20, for a total transaction of $180,000.00. Following the completion of the transaction, the director now directly owns 37,028 shares of the company’s stock, valued at approximately $266,601.60. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, General Counsel Diego Rotsztain sold 39,250 shares of the company’s stock in a transaction dated Tuesday, December 11th. The stock was sold at an average price of $7.34, for a total value of $288,095.00. Following the transaction, the general counsel now directly owns 148,363 shares of the company’s stock, valued at $1,088,984.42. The disclosure for this sale can be found here. Insiders own 6.40% of the company’s stock.

Several large investors have recently added to or reduced their stakes in GCAP. Assenagon Asset Management S.A. acquired a new position in shares of Gain Capital during the 3rd quarter worth about $3,907,000. Millennium Management LLC lifted its holdings in shares of Gain Capital by 1,767.6% in the 2nd quarter. Millennium Management LLC now owns 506,240 shares of the financial services provider’s stock valued at $3,822,000 after purchasing an additional 479,134 shares during the last quarter. Weber Alan W lifted its holdings in shares of Gain Capital by 45.2% in the 3rd quarter. Weber Alan W now owns 1,171,673 shares of the financial services provider’s stock valued at $7,616,000 after purchasing an additional 364,899 shares during the last quarter. Robotti Robert lifted its holdings in shares of Gain Capital by 1,374.6% in the 4th quarter. Robotti Robert now owns 368,650 shares of the financial services provider’s stock valued at $2,271,000 after purchasing an additional 343,650 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Gain Capital in the 3rd quarter valued at about $2,116,000. 46.38% of the stock is owned by institutional investors and hedge funds.

About Gain Capital

GAIN Capital Holdings, Inc, together with its subsidiary, provides trading services and solutions to retail, institutional, and futures service customers worldwide. The company operates in three segments: Retail, Institutional, and Futures. It specializes in over-the-counter (OTC) and exchange-traded markets.

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