FXCM (GLBR) Upgraded by ValuEngine to “Sell”
FXCM (NASDAQ:GLBR) was upgraded by stock analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a note issued to investors on Friday.
FXCM (NASDAQ:GLBR) opened at $0.46 on Friday. FXCM has a one year low of $0.38 and a one year high of $9.80.
In related news, CEO Kenneth A. Grossman sold 31,368 shares of the stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $1.26, for a total value of $39,523.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ryan Silverman sold 27,890 shares of the stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $1.25, for a total transaction of $34,862.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 247,405 shares of company stock valued at $201,447. Insiders own 8.99% of the company’s stock.
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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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