MarketAxess Stock Hits New 52-Week High (MKTX)
NEW YORK (TheStreet) -- MarketAxess Holdings (Nasdaq:MKTX) hit a new 52-week high Monday as it traded at $22.48 compared with its previous 52-Week high of $22.44. MarketAxess is changing hands at $22.48 with 180,761 shares traded as of four p.m. ET. Average volume has been 117,000 shares over the past 30 days. MarketAxess has a market cap of $655.2 million and is part of the financial sector and financial services industry. Shares are up 5.8% year to date as of the close of trading on Friday. MarketAxess Holdings Inc., through its subsidiaries, operates an electronic trading platform that allows investment industry professionals to trade corporate bonds and other types of fixed-income instruments. The company has a P/E ratio of 26.3, equal to the average financial services industry P/E ratio and above the S&P 500 P/E ratio of 15.8.
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