VIRT Stock Summary and Trading Ideas (Virtu Finl | NASDAQ:VIRT)

Virtu Financial Inc is a technology-enabled market maker and liquidity provider to the financial markets. The company's operating segment includes Market Making; and Execution Services. The non-operating segment of the company includes the Corporate segment. The company generates maximum revenue from the market-making segment. The Market Making segment principally consists of market-making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland and Other Countries.

Virtu Finl trades on the NASDAQ stock market under the symbol VIRT.

As of April 26, 2024, VIRT stock price declined to $22.02 with 1,037,506 million shares trading.

VIRT has a beta of 0.30, meaning it tends to be less sensitive to market movements. VIRT has a correlation of 0.02 to the broad based SPY ETF.

VIRT has a market cap of $1.97 billion. This is considered a Small Cap stock.

Last quarter Virtu Finl reported $367 million in Revenue and $.76 earnings per share. This beat revenue expectation by $48 million and exceeded earnings estimates by $.23.

In the last 3 years, VIRT stock traded as high as $38.63 and as low as $16.02.

The top ETF exchange traded funds that VIRT belongs to (by Net Assets): VTI, VB, VBR, VXF, DIV.

VIRT stock has underperformed the market in the last year with a return of +16.6%, while SPY returned +27.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in VIRT shares. However, VIRT has outperformed the market in the last 3 month and 2 week periods, returning +29.2% and +6.8%, while SPY returned +4.6% and -0.5%, respectively. This indicates VIRT has been having a stronger performance recently.

VIRT support price is $21.97 and resistance is $22.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VIRT stock will trade within this expected range on the day.