Cboe Global Markets (BATS:CBOE) Hits New 12-Month High After Better-Than-Expected Earnings

Cboe Global Markets, Inc. (BATS:CBOE)’s share price hit a new 52-week high on Monday after the company announced better than expected quarterly earnings. The company traded as high as $279.44 and last traded at $279.3320, with a volume of 441676 shares trading hands. The stock had previously closed at $273.36.

The company reported $3.06 EPS for the quarter, topping analysts’ consensus estimates of $2.93 by $0.13. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm had revenue of $671.10 million for the quarter, compared to analyst estimates of $659.59 million.

Cboe Global Markets Stock Up 2.8%

The company has a market cap of $29.79 billion, a P/E ratio of 144.78 and a beta of 0.61. The stock has a 50-day moving average of $260.34 and a two-hundred day moving average of $249.95. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21.

About Cboe Global Markets

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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.