Global electronic broker Interactive Brokers Group, Inc. (IBKR) recently reported a strong fourth-quarter earnings report. Its adjusted revenue and earnings per share of $683 million and $0.83 increased 17.4% and 20.3%, respectively. However, its daily average revenue trades came in at 2.23 million, down 3% year-over-year and 20% sequentially.
IBKR has lost 6.7% over the past month and is currently trading 13.2% below its 52-week high of $82.83, which it hit on December 28, 2021. However, even with this pullback, the stock is trading at a premium to its peers.
