$Virtu Financial (VIRT.US)$After reaching a peak in 2020, re...
$Virtu Financial (VIRT.US)$After reaching a peak in 2020, revenue declined for two consecutive years, with operating profit reaching 1.51 billion in 2020, then declining for two years to 0.69 billion, while net income dropped from 1.12 billion to 0.47 billion.
Revenue continued to decline by 13.7% in the first two quarters of 2023, with operating profit and net income decreasing by 54.2% and 60% respectively.
Currently, the PE ratio is 7.8, while the trailing PE ratio has increased to 13.5, it is better to remain cautious for now.
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