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Electronic Trading Firm Bolsters Profit Margin.(B)(NASDAQ STOCKS IN THE NEWS)
Byline: Craig Shaw
ESpeed closed Tuesday within 3% of its 52-week high. The stock has marked up weeks on above-average trade four of the past five weeks. It's held above its 50-day moving average the past three months.
The electronic trading technology provider broke into the black last year with a profit of 55 cents a share vs. a 5-cent loss a year earlier. It's seen growing earnings 9% and 18% the next two fiscal years. After-tax margin of 30% last quarter helps lift its SMR Rating to A.
ESpeed ranks No. 2 in the Finance-Investment Bankers group behind IPO breakout Chicago Mercantile Exchange. That ...
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