Nasdaq Inc Stock Bearish Momentum With A 11% Fall So Far Today

(VIANEWS) – Shares of Nasdaq Inc (NASDAQ: NDAQ) dropped by a staggering 11.02% to $51.46 at 14:27 EST on Monday, after two sequential sessions in a row of gains. NASDAQ is jumping 0.99% to $13,390.09, after two consecutive sessions in a row of gains. This seems, at the moment, a somewhat bullish trend exchanging session today.

Nasdaq Inc’s last close was $57.83, 16.45% under its 52-week high of $69.22.

About Nasdaq Inc

Nasdaq, Inc. operates as a technology company that serves capital markets and other industries worldwide. It operates in three segments: Market Platforms, Capital Access Platforms, and Anti-Financial Crime. The Market Platforms segment trading services, including equity derivative trading and clearing, cash equity trading, fixed income and commodities trading and clearing, and trade management service businesses. This segment operates various exchanges and other marketplace facilities across various asset classes, which include derivatives, commodities, cash equity, debt, structured products, and exchange traded products; and provides broker, clearing, settlement, and central depository services. This segment also handles assets, such as cash equities, equity derivatives, currencies, interest-bearing securities, commodities, energy products, and digital currencies. The Capital Access Platforms segment sells and distributes historical and real-time market data; develops and licenses Nasdaq-branded indexes and financial products; operates listing platforms; investment insights and workflow solutions; and offers investor relations intelligence, ESG solutions, and governance solutions. The Anti-Financial Crime segment includes anti financial crime management solutions, which offers Nasdaq Trade Surveillance, a SaaS solution for brokers and other market participants to assist them in complying with market rules, regulations, and internal market surveillance policies; Nasdaq Market Surveillance, a market surveillance solution for markets and regulators; and Verafin, a SaaS technology provider of anti-financial crime management solutions. The company was formerly known as The NASDAQ OMX Group, Inc. and changed its name to Nasdaq, Inc. in September 2015. Nasdaq, Inc. was founded in 1971 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Nasdaq Inc has a trailing twelve months EPS of $2.3.

PE Ratio

Nasdaq Inc has a trailing twelve months price to earnings ratio of 22.37. Meaning, the purchaser of the share is investing $22.37 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 18.7%.

Volume

Today’s last reported volume for Nasdaq Inc is 10923895 which is 319.49% above its average volume of 2604080.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Nasdaq Inc’s stock is considered to be oversold (<=20).

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