FXCM (GLBR) Getting Somewhat Negative News Coverage, Study Shows
News coverage about FXCM (NASDAQ:GLBR) has trended somewhat negative on Wednesday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. FXCM earned a daily sentiment score of -0.02 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 42.9729809336585 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern’s analysis:
- Dror Niv Sells 18,750 Shares of FXCM Inc. (GLBR) Stock (americanbankingnews.com)
- David Sakhai Sells 252,828 Shares of FXCM Inc. (GLBR) Stock (americanbankingnews.com)
- FXCM (GLBR) Upgraded by ValuEngine to “Sell” (americanbankingnews.com)
- Where Global Brokerage Inc (GLBR) Stands In Terms Of Earnings Growth Against Its Industry (finance.yahoo.com)
Separately, ValuEngine upgraded FXCM from a “strong sell” rating to a “sell” rating in a research report on Friday, December 1st.
In related news, Director Ryan Silverman sold 27,890 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $1.25, for a total value of $34,862.50. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO David Sakhai sold 252,828 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $0.50, for a total value of $126,414.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 518,983 shares of company stock worth $338,361. 8.99% of the stock is owned by insiders.
FXCM Company Profile
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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