FXCM Up Another 20% On No News
FXCM Inc (NYSE: FXCM) shares are up again in Tuesday's trading session, continuing to rise higher to 20.39 percent and add to its recent gains. Shares of FXCM rallied on Monday and traded higher by $5 at $16.10. No particular news was released on Tuesday to account for the move.
The company's stock has tripled between December 11 and December 28.
FXCM's share price reached as low as $5.20 on December 11. This number has more than tripled in three weeks. There has been much interest around FXCM's recent performance.
The stock, which has a moderate but not overly high 8 percent of its float short, last hit the $15 range in June (by split-adjusted prices).
FXCM's stock performance is 142.15 percent for the month of December. Its volatility for the same period is 24.21 percent.
On 14 December, FXCM announced its key customer trading metrics for November 2015.
For the company's retail and institutional foreign exchange business, FXCM had a retail customer trading volume of $298 billion in November 2015, 11 percent lower than October 2015 and 12 percent lower than November 2014.
The company's average retail customer trading volume per day was $14.2 billion in November 2015, 7 percent lower than October 2015 and 15 percent lower than November 2014.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.