RCS Capital Corporation (RCAP) saw a big move in the last trading session, as the company’s shares fell by over 14% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend for RCAP, as the stock is now down over 27% in the past one-month time frame.

This slump shouldn’t be too much of a surprise to investors, as the company, engaged in wholesale broker-dealer, investment banking and capital markets business activities, has seen 1 negative revision in the past few weeks and its current year earnings consensus has also moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

RCAP currently holds a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.

Investors interested in the Finance – Investment Bankers industry may consider better-ranked stocks like The Goldman Sachs Group, Inc. (GS), Morgan Stanley (MS) and GAIN Capital Holdings, Inc. (GCAP), each of which holds a Zacks Rank #2 (Buy).

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RCS CAPITAL CORP (RCAP): Free Stock Analysis Report

GOLDMAN SACHS GROUP INC (GS): Free Stock Analysis Report

MORGAN STANLEY (MS): Free Stock Analysis Report

GAIN CAPITAL HOLDINGS INC (GCAP): Free Stock Analysis Report


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