(VIANEWS) – Shares of MarketAxess Holdings (NASDAQ: MKTX) fell by a staggering 10.9% to $349.53 at 10:21 EST on Wednesday, following the last session’s upward trend. NASDAQ is falling 0.52% to $12,126.33, after two consecutive sessions in a row of losses. This seems, up to now, a somewhat negative trend exchanging session today.
MarketAxess Holdings’s last close was $392.29, 1.25% under its 52-week high of $397.27.
About MarketAxess Holdings
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, and other fixed income securities. The company, through its Open Trading protocols, executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds. It also offers 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 provides 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 $8.
PE Ratio
MarketAxess Holdings has a trailing twelve months price to earnings ratio of 43.69. Meaning, the purchaser of the share is investing $43.69 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 23.58%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 6, 2023, the estimated forward annual dividend rate is 2.88 and the estimated forward annual dividend yield is 0.81%.
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