Cboe Global Markets (BATS:CBOE) Trading Up 23.2% – What’s Next?

Cboe Global Markets, Inc. (BATS:CBOE) was up 23.2% on Tuesday . The company traded as high as $194.36 and last traded at $238.30. Approximately 1,780,143 shares were traded during trading, an increase of 103% from the average daily volume of 876,595 shares. The stock had previously closed at $193.37.

Cboe Global Markets Trading Up 23.2%

The business’s 50 day simple moving average is $241.05 and its two-hundred day simple moving average is $231.72. The stock has a market cap of $25.27 billion, a P/E ratio of 122.84 and a beta of 0.61. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.42 by $0.04. The firm had revenue of $587.30 million for the quarter, compared to analysts’ expectations of $572.24 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. As a group, analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, August 29th. Cboe Global Markets’s payout ratio is 98.97%.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.