Equities researchers at StockNews.com initiated coverage on shares of Siebert Financial (NASDAQ:SIEB – Get Free Report) in a research report issued on Thursday. The firm set a “hold” rating on the financial services provider’s stock.
Siebert Financial Stock Performance
SIEB opened at $1.74 on Thursday. The business has a 50 day moving average price of $2.07 and a two-hundred day moving average price of $1.92. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.08 and a quick ratio of 1.08. The company has a market capitalization of $69.39 million, a price-to-earnings ratio of 8.70 and a beta of 0.33. Siebert Financial has a 1-year low of $1.46 and a 1-year high of $2.62.
Siebert Financial (NASDAQ:SIEB – Get Free Report) last announced its earnings results on Wednesday, May 22nd. The financial services provider reported $0.09 earnings per share for the quarter. Siebert Financial had a return on equity of 12.97% and a net margin of 10.97%. The business had revenue of $20.46 million during the quarter.
About Siebert Financial
Siebert Financial Corp., through its subsidiaries, engages in the retail brokerage and investment advisory businesses in the United States and Internationally. It offers self-directed trading, market making and fixed income investment, stock borrow, stock loan, equity compensation plans, wealth management, and financial advisory services; independent retail execution services; and retail customer services.
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