GCAP chart had the telltale inverse head & shoulders completed in Jan. 2014. I will also receive a $2,03 dividend next Thursday from GCAP. Zacks gave it a strong buy following the last earnings report, plus it has numerous other buy ratings (or better) by five other analysts.
Gain is up $.42 today in a down general market. GCAP is making its own market that is highly bullish with earnings up over 500% and guidance rising all the way thru 2014 and beyond. Target price is currently $16.77 per share. That price will be conservative before year's end. Market has dropped five days in a row & gain advances.
This target price by VectorVest has been rising steadily for the last two weeks.
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.