Somewhat Favorable News Coverage Somewhat Unlikely to Affect FXCM (GLBR) Share Price
Media headlines about FXCM (NASDAQ:GLBR) have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. FXCM earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 45.1455187244027 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
FXCM (NASDAQ GLBR) traded down 1.1500% during midday trading on Friday, hitting $1.3839. The stock had a trading volume of 15,496 shares. The stock’s market capitalization is $8.50 million. FXCM has a 1-year low of $1.20 and a 1-year high of $9.80. The stock’s 50-day moving average is $1.39 and its 200-day moving average is $1.87.
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Global brokerage, Inc, formerly FXCM Inc (FXCM), is engaged in providing online foreign exchange (FX) trading, contract for difference (CFD) trading, spread betting and related services. The Company owns over 50% of FXCM Group, LLC (FXCM Group). FXCM Group is a holding company of Forex Capital Markets LLC, (FXCM US), Forex Capital Markets Limited, inclusive of all EU branches (FXCM UK), FXCM Australia Pty.
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