MarketAxess Holdings Inc. (NASDAQ:MKTX) spotted trading -13.85% off 52-week high price. On the other end, the stock has been noted 75.57% away from the low price over the last 52-weeks. The stock changed -2.32% to recent value of $363.07. The stock transacted 237807 shares during most recent day however it has an average volume of 276.23K shares. The company has 38.67M of outstanding shares and 36.41M shares were floated in the market.
On Jan. 6, 2020, MarketAxess Holdings Inc. (NASDAQ:MKTX) the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, declared total monthly trading volume for December 2019 of $466.9 billion, consisting of $80.2 billion in U.S. high-grade volume, $70.6 billion in other credit volume, and $316.2 billion in rates volume.
The Company also reported preliminary variable transaction fees per million (FPM) for the quarter ended December 31, 2019 of $82, consisting of $170 for U.S. high-grade, $191 for other credit, and $4.50 for rates. The FPM for the quarter ended December 31, 2019 are preliminary and may be revised in subsequent updates and public filings. The Company undertakes no obligation to update any fee information in future press releases.
MarketAxess operates a leading, institutional electronic trading platform delivering expanded liquidity opportunities, improved execution quality and significant cost savings across global fixed-income markets. A record $2.1 trillion of U.S. investment-grade bonds, U.S. high-yield bonds, emerging market debt, Eurobonds and other fixed income securities traded through MarketAxess’ patented trading technology in 2019. The global community of over 1,700 firms trading on MarketAxess include the world’s leading asset managers and institutional broker-dealers. MarketAxess’ award-winning Open Trading™ marketplace is regarded as the preferred all-to-all trading solution in the global credit markets, creating a unique liquidity pool for a broad range of credit market participants. Drawing on its deep data and analytical resources, MarketAxess enables automated trading solutions and, through its Trax® division, provides a range of pre- and post-trade services and products.
MarketAxess is headquartered in New York and has offices in London, Amsterdam, Boston, Chicago, Los Angeles, Miami, Salt Lake City, San Francisco, São Paulo, Hong Kong and Singapore.
Its earnings per share (EPS) expected to touch remained 8.40% for this year while earning per share for the next 5-years is expected to reach at 14.62%. MKTX has a gross margin of 94.70% and an operating margin of 49.40% while its profit margin remained 40.60% for the last 12 months.
The price moved ahead of -3.03% from the mean of 20 days, -3.51% from mean of 50 days SMA and performed 7.46% from mean of 200 days price. Company’s performance for the week was -4.47%, -1.87% for month and YTD performance remained -4.23%.