Virtu Financial (NASDAQ:VIRT) changed -1.64% to recent value of $18.58. The stock transacted 1104682 shares during most recent day however it has an average volume of 993.69K shares. It spotted trading -36.30% off 52-week high price. On the other end, the stock has been noted 5.51% away from the low price over the last 52-weeks.
On Sept. 04, 2019, Virtu Financial (NASDAQ:VIRT) a leading provider of financial services and products that leverages cutting edge technology to deliver liquidity to the global markets and provide execution services and data, analytics and connectivity products, revealed new executive hires and changes to its leadership team.
These appointments and new hires are a testament both to Virtu’s deep bench of internal talent and our ability to retain and attract industry leaders, said Virtu’s Chief Executive Officer, Douglas A. Cifu. As Virtu executes on its mission to deliver valuable trading products and services across its multi-asset global platform, the strengthening of our executive team enables us to expand our reach while maintaining the operational excellence necessary to drive our business to new heights.
The following leaders join Virtu’s executive leadership team:
Brett Fairclough has been promoted to Chief Operating Officer and Global Head of Business Development at Virtu, where he has worked since 2007. He led our Asia Pacific operations from 2014-2019 and was the Chief Compliance Officer of Virtu’s broker-dealer subsidiaries from 2012-2014. In his previous roles, Brett worked closely with exchanges and other industry participants to foster the growth and development of securities markets globally. Mr. Fairclough attended the University of California at Los Angeles.
Brett has served Virtu in numerous roles over the last 12 years and has consistently raised the standard of excellence across the firm with operational rigor and deep market structure expertise, said Mr. Cifu. We are pleased to have him returning to New York in this executive leadership role.
VIRT has a gross margin of 62.10% and an operating margin of 6.50% while its profit margin remained 3.40% for the last 12 months. Its earnings per share (EPS) expected to touch remained 88.80% for this year while earning per share for the next 5-years is expected to reach at -2.71%.
The company has 185.95M of outstanding shares and 116.21M shares were floated in the market. The price moved ahead of -0.11% from the mean of 20 days, -9.28% from mean of 50 days SMA and performed -21.73% from mean of 200 days price. Company’s performance for the week was 4.62%, -17.46% for month and YTD performance remained -27.87%.