Stock analysts at StockNews.com initiated coverage on shares of Siebert Financial (NASDAQ:SIEB - Get Free Report) in a report released on Friday. The brokerage set a "hold" rating on the financial services provider's stock.
Siebert Financial Price Performance
Shares of NASDAQ:SIEB traded up $0.21 during trading on Friday, reaching $3.11. The company had a trading volume of 77,318 shares, compared to its average volume of 24,352. The firm's fifty day moving average is $2.72 and its 200 day moving average is $2.17. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.13 and a current ratio of 1.13. The firm has a market capitalization of $124.78 million, a PE ratio of 11.96 and a beta of 0.33. Siebert Financial has a twelve month low of $1.41 and a twelve month high of $3.31.
Hedge Funds Weigh In On Siebert Financial
An institutional investor recently raised its position in Siebert Financial stock. Geode Capital Management LLC increased its position in Siebert Financial Corp. (NASDAQ:SIEB - Free Report) by 70.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 206,788 shares of the financial services provider's stock after buying an additional 85,456 shares during the quarter. Geode Capital Management LLC owned about 0.52% of Siebert Financial worth $523,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 1.52% of the company's stock.
About Siebert Financial
(
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.
Further Reading
Before you consider Siebert Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Siebert Financial wasn't on the list.
While Siebert Financial currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
