Interactive Brokers (IBKR, Financial) experienced a significant stock price increase of 5%, reaching $178.22 per share, with a trading volume of 1.21152 million shares and a turnover rate of 1.11%. The stock's price volatility was recorded at 3.57%.
Recent financial reports indicate Interactive Brokers achieved a revenue of $2.426 billion, with a net profit of $184 million and earnings per share of $1.69. The stock is currently trading at a price-to-earnings ratio of 27.76. Among 12 rating institutions, 83% recommend buying the stock, while 17% suggest holding.
The overall capital market sector, where Interactive Brokers operates, has seen a rise of 2.30%. Other related stocks also showed notable movements. Mercurity Fintech, Bitcoin Depot Inc., and Bit Digital experienced significant gains, while Bit Digital, Lion Group Holding, and Mara Holdings, Inc. were active with high turnover rates of 31.24%, 29.78%, and 27.63% respectively. Mercurity Fintech, Atif Holdings, and Bitcoin Depot Inc. had notable price volatility at 88.37%, 48.84%, and 28.16% respectively.
Interactive Brokers is an online broker that generates commissions from trading a wide range of products, contributing to 31% of its net income. The company also earns from net interest on idle client cash (64%) and fees from auxiliary services (6%). Approximately 70% of its net income is from the US, with the remaining 30% from international markets.
