Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Stonex Group Inc before investing.

In this article, we go over a few key elements for understanding Stonex Group Inc’s stock price such as:

• Stonex Group Inc’s current stock price and volume
• Why Stonex Group Inc’s stock price changed recently
• Upgrades and downgrades for SNEX from analysts
• SNEX’s stock price momentum as measured by its relative strength

About Stonex Group Inc (SNEX)

Before we jump into Stonex Group Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

StoneX Group Inc. operates a global financial services network that connects companies, organizations, traders and investors to the global market ecosystem through digital platforms, end-to-end clearing and execution services, and high touch service. The Company's segments include commercial, institutional, retail and global payments. The Company offers its commercial clients an array of products and services, including risk management and hedging services, execution and clearing of exchange-traded and over-the-counter products. It provides institutional clients with a suite of equity trading services to help them find liquidity with execution, as well as prime brokerage in equities and various foreign currency pairs and swap transactions. The Company provides its retail clients around the world access to over 18,000 global financial markets. Its global payments business provides customized payment, technology and treasury services to banks, commercial businesses, charities and others.

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Stonex Group Inc’s Stock Price as of Market Close

As of August 05, 2024, 4:00 PM, CST, Stonex Group Inc’s stock price was $73.76.

Stonex Group Inc is down 4.83% from its previous closing price of $77.50.

During the last market session, Stonex Group Inc’s stock traded between $76.59 and $79.41. Currently, there are 30.47 million shares of Stonex Group Inc stock available for purchase.

Stonex Group Inc’s price-earnings (P/E) ratio is currently at 10.3, which is low compared to the Investment Banking & Brokerage Services industry median of 15.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Stonex Group Inc Stock Price History

Stonex Group Inc’s (SNEX) price is currently down 11.5% so far this month.

During the month of August, Stonex Group Inc’s stock price has reached a high of $84.25 and a low of $71.54.

Over the last year, Stonex Group Inc has hit prices as high as $84.40 and as low as $57.46. Year to date, Stonex Group Inc’s stock is up 16.1%.

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What Caused Stonex Group Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 02, 2024, there was 1 analyst who downgraded Stonex Group Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Stonex Group Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Stonex Group Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Stonex Group Inc’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Stonex Group Inc (SNEX) by visiting AAII Stock Evaluator.

Relative Price Strength of Stonex Group Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 02, 2024, Stonex Group Inc has a weighted four-quarter relative price strength of 0.28%, which translates to a Momentum Score of 67 and is considered to be Strong.

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Stonex Group Inc Stock Price: Bottom Line

As of August 5, 2024, Stonex Group Inc’s stock price is $73.76, which is down 4.83% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Stonex Group Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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