OTC Markets Group (OTCMKTS:OTCM - Get Free Report) released its earnings results on Wednesday. The financial services provider reported $0.60 earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by ($0.10), Zacks reports. OTC Markets Group had a return on equity of 70.24% and a net margin of 24.63%.
OTC Markets Group Stock Performance
Shares of OTCM traded down $0.95 during mid-day trading on Wednesday, hitting $48.56. 5,210 shares of the company traded hands, compared to its average volume of 4,195. OTC Markets Group has a 1 year low of $45.00 and a 1 year high of $56.02. The stock has a 50-day moving average price of $51.66 and a two-hundred day moving average price of $50.76. The stock has a market cap of $583.35 million, a price-to-earnings ratio of 21.68, a P/E/G ratio of 2.17 and a beta of 0.54.
OTC Markets Group Company Profile
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OTC Markets Group Inc operates regulated markets for trading 12,000 U.S. and international securities. Its data-driven disclosure standards form the foundation of its three public markets: OTCQX Best Market, OTCQB Venture Market, and Pink Open Market. The company's OTC Link Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading.
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