Interactive Brokers Group Stock Falls On Unusually High Volume (IBKR)

NEW YORK ( TheStreet) -- Interactive Brokers Group (Nasdaq: IBKR) is trading at unusually high volume Friday with 1.9 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down $1.28 (-7.7%) at $15.35 as of 1:39 p.m. ET.

Interactive Brokers Group has a market cap of $762 million and is part of the financial sector and financial services industry. Shares are up 11.3% year to date as of the close of trading on Thursday.

Interactive Brokers Group, Inc. operates as an automated electronic broker and market maker. The company has a P/E ratio of 11.9, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Interactive Brokers Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and weak operating cash flow. You can view the full Interactive Brokers Group Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.
null

If you liked this article you might like

How Sprint, Sirius XM and Interactive Brokers Could Blast Higher in April

Here's Why Sprint, Interactive Brokers and SiriuxXM Could Blast Higher in April

Interactive Brokers Stock Downgraded by Wells Fargo

Sag Harbor's Sanford Finds Value in Brokerages, ETF Managers

4 Unsung But Fabulous Financial Stocks