FXCM Inc. (FXCM) Jumps 5.23% on October 28

Equities Staff  |

FXCM Inc. (FXCM) was among the biggest gainers on the Russell 2000 for Friday October 28 as the stock popped 5.23% to $8.05, representing a gain of $0.4 per share. Some 61,922 shares traded hands on 337 trades, compared with an average daily volume of 45,445 shares out of a total float of 5.6 million. The stock opened at $7.55 and traded with an intraday range of $8.11 to $7.55.

After today's gains, FXCM Inc. reached a market cap of $45.1 million. FXCM Inc. has had a trading range between $24.77 and $5.26 over the last year, and it had a 50-day SMA of $8.74 and a 200-day SMA of $10.17.

The stock has a P/E Ratio of 0.5.

FXCM Inc is an online provider of foreign exchange trading and related services to retail and institutional customers. It offers its customers the ability to trade contract for differences, spread betting, equities and equity options.

FXCM Inc. is based out of New York, NY and has some 804 employees. Its CEO is Dror Niv.

For a complete fundamental analysis analysis of FXCM Inc., check out Equities.com’s Stock Valuation Analysis report for FXCM. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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