Company Shares of FXCM Inc. Drops by -4.24%
FXCM Inc. (NYSE:FXCM) has lost 8.23% during the past week and dropped 8.81% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 7.14%. FXCM Inc. (NYSE:FXCM) has underperformed the index by 8.1% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
The company shares have dropped -89.74% from its 1 Year high price. On Oct 17, 2014, the shares registered one year high at $17.44 and the one year low was seen on May 22, 2015. The 50-Day Moving Average price is $1.50 and the 200 Day Moving Average price is recorded at $4.35.
The company executives own 0.5% of FXCM Inc. Company shares. In the past six months, there is a change of -90.44% in the total insider ownership. Institutional Investors own 34.5% of Company shares. During last 3 month period, -66.58% of total institutional ownership has changed in the company shares. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange,The Director of Fxcm Inc., Brown James sold 200,234 shares at $1.3 on May 26, 2015. The Insider selling transaction had a total value worth of $260,304. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Shares of FXCM Inc. (NYSE:FXCM) ended Thursday session in red amid volatile trading. The shares closed down 0.01 points or 0.68% at $1.45 with 1,227,312 shares getting traded. Post opening the session at $1.47, the shares hit an intraday low of $1.44 and an intraday high of $1.52 and the price vacillated in this range throughout the day. The company has a market cap of $74 million and the number of outstanding shares has been calculated to be 50,709,000 shares. The 52-week high of FXCM Inc. (NYSE:FXCM) is $17.44 and the 52-week low is $1.22.
FXCM Inc. (FXCM) is an online provider of foreign exchange (FX) trading and related services to approximately 170,930 active retail customers globally. The Company offers its customers access to over-the-shares (OTC) FX markets through its technology platform. It primarily offers customers an agency model to execute their trades. In the agency model, when its customer executes a trade on the price quotation offered by its FX market makers, it acts as a credit intermediary, or riskless principal, simultaneously entering into offsetting trades with both the customer and the FX market maker. It operates its business through two segments: retail trading and institutional trading. Its institutional trading segment, FXCM Pro, offers FX trading services to banks, hedge funds and other institutional customers on an agency model basis. In September 2013, FXCM Inc acquired a 50.1% controlling interest in Faros Trading LLC (Faros).
Source: otcoutlook – Company Shares of FXCM Inc. Drops by -4.24%
