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Siebert Financial (NASDAQ:SIEB) Posts Quarterly Earnings Results

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Siebert Financial (NASDAQ:SIEB - Get Free Report) posted its earnings results on Monday. The financial services provider reported $0.04 earnings per share for the quarter, Zacks reports. Siebert Financial had a return on equity of 13.92% and a net margin of 12.83%. The firm had revenue of $20.02 million during the quarter.

Siebert Financial Stock Performance

Siebert Financial stock traded up $0.03 during mid-day trading on Wednesday, reaching $3.00. The company had a trading volume of 17,440 shares, compared to its average volume of 24,531. 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 cap of $120.36 million, a price-to-earnings ratio of 11.54 and a beta of 0.30. The company has a 50 day moving average of $2.70 and a 200-day moving average of $2.71. Siebert Financial has a 52 week low of $1.41 and a 52 week high of $3.34.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Siebert Financial in a research note on Wednesday, March 26th. They issued a "hold" rating on the stock.

Check Out Our Latest Report on Siebert Financial

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

Earnings History for Siebert Financial (NASDAQ:SIEB)

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