Equities research analysts at StockNews.com began 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
NASDAQ:SIEB traded down $0.03 during trading hours on Thursday, reaching $2.71. 3,162 shares of the company's stock were exchanged, compared to its average volume of 15,243. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $108.73 million, a price-to-earnings ratio of 10.42 and a beta of 0.30. Siebert Financial has a 1-year low of $1.41 and a 1-year high of $3.34. The company has a 50-day moving average of $3.02 and a 200 day moving average of $2.47.
Siebert Financial (NASDAQ:SIEB - Get Free Report) last announced its earnings results on Tuesday, November 12th. The financial services provider reported $0.10 earnings per share for the quarter. The business had revenue of $22.56 million during the quarter. Siebert Financial had a net margin of 12.83% and a return on equity of 13.92%.
Institutional Investors Weigh In On Siebert Financial
An institutional investor recently raised its position in Siebert Financial stock. Geode Capital Management LLC increased its holdings in shares of Siebert Financial Corp. (NASDAQ:SIEB - Free Report) by 70.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 206,788 shares of the financial services provider's stock after acquiring an additional 85,456 shares during the period. Geode Capital Management LLC owned approximately 0.52% of Siebert Financial worth $523,000 as of its most recent SEC filing. Institutional investors and hedge funds own 1.52% of the company's stock.
Siebert Financial Company Profile
(
Get Free Report)
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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