StoneX Group (NASDAQ:SNEX) Announces Earnings Results

StoneX Group (NASDAQ:SNEX) posted its earnings results on Wednesday. The company reported $2.54 EPS for the quarter, topping the consensus estimate of $2.15 by $0.39, Zacks reports. StoneX Group had a net margin of 0.26% and a return on equity of 16.66%.

StoneX Group Trading Up 2.8 %

SNEX traded up $3.05 during midday trading on Wednesday, hitting $111.42. 195,106 shares of the company were exchanged, compared to its average volume of 165,413. StoneX Group has a 1-year low of $61.68 and a 1-year high of $111.42. The company has a quick ratio of 1.30, a current ratio of 1.81 and a debt-to-equity ratio of 1.26. The firm has a market capitalization of $3.57 billion, a P/E ratio of 14.00 and a beta of 0.78. The firm’s 50 day moving average price is $102.62 and its 200-day moving average price is $91.33.

Insider Transactions at StoneX Group

In related news, Director John Moore Fowler sold 1,800 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $100.14, for a total transaction of $180,252.00. Following the completion of the sale, the director now owns 81,375 shares of the company’s stock, valued at $8,148,892.50. This trade represents a 2.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 11.70% of the stock is owned by corporate insiders.

About StoneX Group

StoneX Group Inc operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. The company operates through Commercial, Institutional, Retail, and Global Payments segments. The Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services.