ICE (symbol ICE) is an all digital electronic trading technology for all kinds of energy, targeting traders in natural gas, crude oil, power, emissions, electricity, and other energy resources. It is the world's leading marketplace for trading energy futures.
Since it began trading on the NYSE on November 16 of last year, ICE has doubled. Its closing high of 71 was hit on March 13. Since then, it has consolidated its gains as its moving averages, both the 25 day and the 50 day averages, have caught up.
Since 2000, revenues have grown every year but one. It has been profitable since 2001. In the recent fourth quarter, revenues grew 45% while earnings soared 189%.
ICE provides information services, custom data services and a secure electronic trading platform around the clock, worldwide.
Its website is www.theice.com |
