OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $50.19 and traded as high as $53.90. OTC Markets Group shares last traded at $52.86, with a volume of 4,889 shares trading hands.
OTC Markets Group Price Performance
The company has a market capitalization of $626.07 million, a PE ratio of 23.33, a price-to-earnings-growth ratio of 2.25 and a beta of 0.54. The company's fifty day moving average is $52.56 and its 200-day moving average is $50.27.
OTC Markets Group (OTCMKTS:OTCM - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.60 by $0.01. The business had revenue of $27.39 million for the quarter, compared to the consensus estimate of $27.07 million. OTC Markets Group had a return on equity of 70.24% and a net margin of 24.63%. Equities research analysts forecast that OTC Markets Group Inc. will post 2.4 EPS for the current fiscal year.
OTC Markets Group Announces Dividend
The company also recently announced a dividend, which was paid on Thursday, December 5th. Investors of record on Friday, November 22nd were given a dividend of $1.50 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a yield of 11.17%. OTC Markets Group's payout ratio is 32.14%.
About OTC Markets Group
(
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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.
Further Reading
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