TMX Group (TSE:X) Stock Price Passes Above 200-Day Moving Average of $128.68

TMX Group Limited (TSE:X) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$128.68 and traded as high as C$135.59. TMX Group shares last traded at C$135.18, with a volume of 80,306 shares traded.

A number of brokerages recently commented on X. Deutsche Bank Aktiengesellschaft raised their price target on TMX Group from C$144.00 to C$145.00 and gave the stock a “hold” rating in a research report on Friday, February 19th. TD Securities restated a “buy” rating and issued a C$155.00 price target (up previously from C$145.00) on shares of TMX Group in a research report on Monday, May 3rd. CIBC raised their price target on TMX Group from C$140.00 to C$145.00 and gave the stock a “neutral” rating in a research report on Wednesday. Scotiabank raised their price objective on TMX Group from C$149.00 to C$152.00 and gave the company an “outperform” rating in a research note on Wednesday, April 14th. Finally, National Bankshares raised their price objective on TMX Group from C$146.00 to C$147.00 in a research note on Wednesday. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of C$149.50.

The firm has a market capitalization of C$7.50 billion and a P/E ratio of 27.11. The stock has a fifty day simple moving average of C$134.51 and a two-hundred day simple moving average of C$128.69. The company has a debt-to-equity ratio of 27.86, a current ratio of 1.00 and a quick ratio of 0.01.

TMX Group (TSE:X) last issued its earnings results on Monday, February 8th. The company reported C$1.43 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$1.44 by C($0.01). The business had revenue of C$219.50 million during the quarter, compared to analyst estimates of C$216.84 million. As a group, sell-side analysts expect that TMX Group Limited will post 7.0300006 EPS for the current fiscal year.

TMX Group Company Profile (TSE:X)

TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. The company operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading and Clearing; and Equities and Fixed Income Trading & Clearing.

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