FXCM...FXCM Spikes After Insiders Buy In

FXCM Inc FXCM shares spiked to 28.55 percent on Wednesday. On Monday, Director Ryan Silverman purchased 21,000 shares of the FXCM's stock at an average cost of $6.37 per share. FXCM has a valuation of $133,770. The 50 day moving average for the stock is $7.50 and its 200 day moving average is $10.32. The company's stock had its best day since its 1-for-10 reverse split, which became effective on October 1 on Monday's session, with shares trading higher by $1.69 at $6.99. Specific key customer trading metrics for November 2015 were also announced by FXCM on Monday, for its retail and institutional foreign exchange business. The company's retail customer trading volume was of $298 billion in November 2015, 11 percent lower than October 2015 and 12 percent lower than November 2014. FXCM's average retail customer trading volume per day was of $14.2 billion in November 2015, 7 percent lower than October 2015 and 15 percent lower than November 2014. FXCM had an average of 487,560 retail client trades per day in November 2015, 5 percent lower than October 2015 and 6 percent lower than November 2014. FXCM's Earnings Forecast Investors and analysts have been eyeing FXCM's EPS. The company's fiscal report is expected to come out in March 10, 2016 for the period ending on December 31, 2015. FXCM has a 1-year low of $5.26 and a 1-year high of $172.50. The company's market capitalization is $36.31 million