Less Than Hour Before The NYSE Open, Intercontinental Exchange Is Down By 8%

(VIANEWS) – The NYSE opens in less than hour and Intercontinental Exchange‘s pre-market value is already 8.14% down.

Intercontinental Exchange’s last close was $137.43, 2.14% below its 52-week high of $140.43.

The last session, NYSE ended with Intercontinental Exchange (ICE) rising 0.33% to $137.43. NYSE rose 0.31% to $18,312.67, after two successive sessions in a row of gains, on what was a somewhat up trend exchanging session.

About Intercontinental Exchange

Intercontinental Exchange, Inc., together with its subsidiaries, engages in the provision of market infrastructure, data services, and technology solutions for financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Singapore, India, Abu Dhabi, Israel, and Canada. It operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The company operates regulated marketplaces for listing, trading, and clearing an array of derivatives contracts and financial securities, such as commodities, interest rates, foreign exchange, and equities, as well as corporate and exchange-traded funds; and trading venues, including regulated exchanges and clearing houses. It also offers energy, agricultural and metals, and financial futures and options; and cash equities and equity options, and over-the-counter and other markets, as well as listings and data and connectivity services. In addition, the company provides fixed income data and analytic, fixed income execution, CDS clearing, and other multi-asset class data and network services. Further, it offers proprietary and comprehensive mortgage origination platform, which serves residential mortgage loans; closing solutions that provides customers connectivity to the mortgage supply chain and facilitates the secure exchange of information; data and analytics services; and Data as a Service for lenders to access data and origination information. Intercontinental Exchange, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.

Earnings Per Share

As for profitability, Intercontinental Exchange has a trailing twelve months EPS of $4.19.

PE Ratio

Intercontinental Exchange has a trailing twelve months price to earnings ratio of 32.8. Meaning, the purchaser of the share is investing $32.8 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.04%.

More news about Intercontinental Exchange (ICE).

Leave a Reply

Your email address will not be published. Required fields are marked *