This stock is under the radar despite the Zacks strong buy rating and earnings that have gone up over 500% in a year.
Gain Capital (GCAP) Shares March Higher, Can It Continue? - Tale of the Tape
10:35a ET March 12, 2014 (Zacks.com) Print
Investors certainly have to be happy with Gain Capital Holdings Inc. (GCAP) and its short term performance. After all, the stock has jumped by 8% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend, but investors are probably asking themselves, can this positive trend continue for GCAP?
While we can never know for sure, it is pretty encouraging that estimates for GCAP have moved higher in the past few weeks, meaning that analyst sentiment is moving in the right way. Plus, the stock actually has a Zacks Rank #1 (Strong Buy), so the recent move higher for this spotlighted company may definitely continue over the next few weeks.
Current fair market value is listed at $16.43 by VectorVest. Zacks has said its UPGRADE is a strong buy as of last week. They were right.
Very consistent accumulation this year.
And with increased volume comes increased price per share on this stock that has been under miost investors radar. That is changing and so will the 3.2 M short shares.
I highly recommend Zacks premium service. They know things before other analysts. My account is up 30% since I joined their service several weeks ago.
It shows several pops over 2-3 days where it has gone up $2 or more. It has the best earnigs in its history right now & has guidance for 2014 to exceed all earnings again. This stock will go vertical fairly soon. Even Zacks has giwen it a strong buy recommendation this week.