Siebert Financial (NASDAQ:SIEB) Research Coverage Started at StockNews.com

by · The Cerbat Gem

StockNews.com initiated coverage on shares of Siebert Financial (NASDAQ:SIEB – Free Report) in a research note issued to investors on Thursday. The firm issued a hold rating on the financial services provider’s stock.

Siebert Financial Stock Performance

Shares of NASDAQ SIEB opened at $1.74 on Thursday. The firm has a 50 day moving average price of $2.07 and a two-hundred day moving average price of $1.92. The stock has a market cap of $69.39 million, a P/E ratio of 8.70 and a beta of 0.33. Siebert Financial has a 52-week low of $1.46 and a 52-week high of $2.62. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.08 and a current ratio of 1.08.

Siebert Financial (NASDAQ:SIEB – Get Free Report) last posted its quarterly earnings data on Wednesday, May 22nd. The financial services provider reported $0.09 earnings per share for the quarter. The business had revenue of $20.46 million during the quarter. Siebert Financial had a return on equity of 12.97% and a net margin of 10.97%.

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.

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