Gain Capital (GCAP) Reaches New 12-Month Low at $4.55

Shares of Gain Capital Holdings Inc (NYSE:GCAP) hit a new 52-week low on Wednesday . The company traded as low as $4.55 and last traded at $4.73, with a volume of 3568 shares. The stock had previously closed at $4.69.

GCAP has been the topic of a number of research reports. ValuEngine upgraded Gain Capital from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Zacks Investment Research cut Gain Capital from a “hold” rating to a “sell” rating in a research report on Friday, March 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $8.75.

The company has a debt-to-equity ratio of 0.50, a current ratio of 1.29 and a quick ratio of 1.34. The stock has a market capitalization of $172.29 million, a price-to-earnings ratio of 6.96 and a beta of 0.39.



Gain Capital (NYSE:GCAP) last announced its quarterly earnings results on Thursday, February 28th. The financial services provider reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.06). The company had revenue of $79.90 million for the quarter, compared to analyst estimates of $77.05 million. Gain Capital had a negative return on equity of 4.73% and a net margin of 16.24%. Research analysts expect that Gain Capital Holdings Inc will post -0.46 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 24th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 5.15%. The ex-dividend date of this dividend is Friday, June 21st. Gain Capital’s dividend payout ratio (DPR) is 35.82%.

In related news, insider Samantha Roady sold 4,893 shares of the stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $6.57, for a total value of $32,147.01. Following the completion of the transaction, the insider now directly owns 241,257 shares of the company’s stock, valued at approximately $1,585,058.49. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Nigel Rose sold 4,256 shares of the stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $6.57, for a total value of $27,961.92. Following the completion of the transaction, the chief financial officer now directly owns 114,923 shares of the company’s stock, valued at $755,044.11. The disclosure for this sale can be found here. Insiders sold a total of 25,164 shares of company stock valued at $145,317 over the last three months. Corporate insiders own 6.40% of the company’s stock.

A number of hedge funds have recently modified their holdings of GCAP. BlackRock Inc. grew its holdings in Gain Capital by 15.2% in the 3rd quarter. BlackRock Inc. now owns 1,748,115 shares of the financial services provider’s stock worth $11,363,000 after buying an additional 230,698 shares in the last quarter. Renaissance Technologies LLC bought a new position in Gain Capital in the 3rd quarter worth approximately $105,000. Vanguard Group Inc. grew its holdings in Gain Capital by 21.9% in the 3rd quarter. Vanguard Group Inc. now owns 1,497,918 shares of the financial services provider’s stock worth $9,736,000 after buying an additional 268,989 shares in the last quarter. Vanguard Group Inc grew its holdings in Gain Capital by 21.9% in the 3rd quarter. Vanguard Group Inc now owns 1,497,918 shares of the financial services provider’s stock worth $9,736,000 after buying an additional 268,989 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in Gain Capital by 39.3% during the 4th quarter. Rhumbline Advisers now owns 38,821 shares of the financial services provider’s stock valued at $239,000 after purchasing an additional 10,950 shares in the last quarter. 55.81% of the stock is owned by institutional investors and hedge funds.

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About Gain Capital (NYSE:GCAP)

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 two segments, Retail and Futures. It specializes in over-the-counter (OTC) and exchange-traded markets. The company offers access to a range of financial products, including spot foreign exchange (forex) and precious metals trading; and spread bets and contracts for differences on currencies, commodities, indices, individual equities, bonds, options, and interest rate products, as well as OTC options on forex.

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