Cboe Global Markets Inc (AMEX: CBOE): Blank Check For Growth?

Cboe Global Markets Inc (AMEX:CBOE) shares, rose in value on Friday, May 09, with the stock price up by 1.56% to the previous day’s close as strong demand from buyers drove the stock to $231.71.

Actively observing the price movement in the last trading, the stock closed the session at $228.14. The PE ratio was 30.38 over 12-month period. Referring to stock’s 52-week performance, its high was $236.02, and the low was $166.13. On the whole, CBOE has fluctuated by 12.58% over the past month.

With the market capitalization of Cboe Global Markets Inc currently standing at about $24.26 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.44, with its dividend yield at 1.05%.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CBOE’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the PEG ratio is about 3.90, with the price of CBOE currently trading nearly 5.11% and 6.53% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 63.83, while the 7-day volatility ratio is showing 2.50% which for the 30-day chart, stands at 2.68%. Furthermore, Cboe Global Markets Inc (CBOE)’s beta value is 0.42, and its average true range (ATR) is 6.01.

A comparison of Cboe Global Markets Inc (CBOE) with its peers suggests the former has fared considerably weaker in the market. CBOE showed an intraday change of 1.56% in last session, and over the past year, it grew by 25.76%%.

Data on historical trading for Cboe Global Markets Inc (AMEX:CBOE) indicates that the trading volumes over the past 3 months, they’ve averaged 952.80K. According to company’s latest data on outstanding shares, there are 104.74 million shares outstanding.

Nearly 0.44% of Cboe Global Markets Inc’s shares belong to company insiders and institutional investors own 89.47% of the company’s shares. The stock has risen by 18.58% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CBOE stock heading into the next quarter.

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