VIRTU FINANCIAL INC-CLASS A (NYSE:VIRT) – A Strong Contender in High-Growth Momentum and Minervini’s Trend Template

VIRTU FINANCIAL INC-CLASS A (NYSE:VIRT) has emerged as a compelling candidate for investors following high-growth momentum strategies and Mark Minervini’s Trend Template. The stock demonstrates strong technical health and robust fundamental growth, making it a noteworthy consideration for traders and investors alike.

Why VIRT Fits Minervini’s Trend Template

Minervini’s Trend Template identifies stocks in strong uptrends with clear momentum. VIRT meets several key criteria:

• Price Above Key Moving Averages: The stock is trading above its 50-day ($40.20), 150-day ($37.99), and 200-day ($36.43) moving averages, confirming a bullish trend.
• Rising Moving Averages: Both the 150-day and 200-day moving averages are trending upward, reinforcing long-term strength.
• Relative Strength: With a ChartMill Relative Strength (CRS) score of 94.31, VIRT outperforms 94% of all stocks, indicating strong market leadership.
• 52-Week High Proximity: The stock is trading near its 52-week high ($44.58), a sign of sustained momentum.

High-Growth Momentum Fundamentals

VIRT’s growth metrics align well with high-growth investing strategies:

• Earnings Growth: EPS growth over the past year (TTM) stands at 121.08%, with quarterly EPS growth (Q2Q) at 71.05%.
• Revenue Expansion: Revenue growth (TTM) is 32.65%, reflecting strong business performance.
• Profit Margins: The latest quarterly profit margin improved to 10.55%, up from 7.92% in the prior quarter.
• Analyst Revisions: EPS estimates for the next year have been revised upward by 16.13% over the past three months, signaling optimism.

Technical Outlook

According to ChartMill’s technical report, VIRT scores a perfect 10 on technical health, supported by:

• A strong uptrend in both short-term and long-term timeframes.
• Consolidation near highs, suggesting potential for further upside.
• Support zones between $39.89 and $41.35, providing a clear risk-management level.

For a deeper dive into VIRT’s technical setup, review the full technical analysis report.

Our High Growth Momentum + Trend Template screener lists more stocks meeting these criteria and is updated daily.

Disclaimer

This is not investing advice. The article highlights observations at the time of writing, but you should conduct your own analysis before making investment decisions.