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Interactive Brokers Group (IBKR) Soars: Stock Adds 11.7% in Session

Zacks Equity Research

Interactive Brokers Group, Inc. (IBKR) was a big mover last session, as the company saw its shares rise by roughly 12% on the day. The move came on solid 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 above the volatile price range of $20.98 to $22.78 in the past one-month time frame.

This investment brokerage company has seen one positive estimate revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Interactive Brokers Group. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

Interactive Brokers Group currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.

Some stocks in the same industry looking equally good include E*TRADE Financial Corporation (ETFC), Investment Technology Group Inc. (ITG) and Piper Jaffray Companies (PJC). All these stocks carry the same Zacks Rank as Interactive Brokers Group.

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