Virtu Financial (VIRT) is a Great Momentum Stock: Should You Buy?

Company Overview - Virtu Financial (VIRT) currently holds a Momentum Style Score of B, indicating a favorable position in momentum investing [2] - The company has a Zacks Rank of 1 (Strong Buy), which is associated with a strong track record of outperformance [3] Performance Metrics - Over the past week, VIRT shares increased by 5.07%, while the Zacks Financial - Miscellaneous Services industry rose by 0.86% [6] - In a longer time frame, VIRT's monthly price change is 20.61%, significantly outperforming the industry's 6.46% [6] - Over the last quarter, VIRT shares have risen by 18.77%, and they are up 107.68% over the past year, compared to the S&P 500's increases of 7.61% and 33.32%, respectively [7] Trading Volume - VIRT's average 20-day trading volume is 868,704 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, 4 earnings estimates for VIRT have been revised upwards, while 1 estimate was revised downwards, leading to an increase in the consensus estimate from $2.96 to $3.14 [10] - For the next fiscal year, there have also been 4 upward revisions and 1 downward revision in earnings estimates [10] Conclusion - Given the strong performance metrics and positive earnings outlook, VIRT is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a potential candidate for investors seeking short-term gains [11]