GAIN Capital Holdings, Inc. ( GCAP ) saw a big move last session, as the company's shares fell nearly 18% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $9.44 to $10.69 in the past one-month time frame.
GAIN Capital Holdings has seen flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.
GCAP currently has a Zacks Rank #4 (Sell)
Some better-ranked players from the sector include E*TRADE Financial Corporation ( ETFC ), Interactive Brokers Group, Inc. ( IBKR ) and Investment Technology Group Inc. ( ITG ). All of these stocks carry a Zacks Rank #1 (Strong Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportE TRADE FINL CP (ETFC): Free Stock Analysis ReportGAIN CAP HLDGS (GCAP): Free Stock Analysis ReportINTERACTIVE BRK (IBKR): Free Stock Analysis ReportINVEST TECH-NEW (ITG): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research