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Gain Capital (Forex.com) Stock Hits All-Time Low 0 comments
Shares are more than 50% below Dec 2010 IPO price of $9.
Gain Capital's $4.36 share price values the company at $154 million. And with Gain having $137 million in cash, and with no long term debt, the stock market is basically valuing Gain Capital's business as being near worthless -- or more specifically, at about $17 million.
For more details see LeapRate's Forex Industry News at leaprate.com.
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.
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