MarketAxess Holdings Already 11% Down, Almost One Hour Before The NASDAQ Open

(VIANEWS) – The NASDAQ opens in less than one hour and MarketAxess Holdings‘s pre-market value is already 11.26% down.

MarketAxess Holdings’s last close was $226.50, 43.34% under its 52-week high of $399.78.

The last session, NASDAQ finished with MarketAxess Holdings (MKTX) jumping 0.97% to $226.50. NASDAQ jumped 0.32% to $16,306.64, after three successive sessions in a row of gains, on what was a somewhat positive trend trading session.

About MarketAxess Holdings

MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. The company offers trading technology that provides liquidity access in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S. government bonds, and other fixed-income securities; and executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds through its Open Trading protocols. It also provides trading-related products and services, including composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company offers various pre-and post-trade services, such as trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, MarketAxess Holdings has a trailing twelve months EPS of $6.86.

PE Ratio

MarketAxess Holdings has a trailing twelve months price to earnings ratio of 33.02. Meaning, the purchaser of the share is investing $33.02 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 21.74%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.9%, now sitting on 752.55M for the twelve trailing months.

More news about MarketAxess Holdings (MKTX).

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