Siebert Financial (NASDAQ:SIEB) released its quarterly earnings results on Wednesday. The financial services provider reported $0.04 earnings per share for the quarter, Bloomberg Earnings reports. The business had revenue of $7.06 million for the quarter. Siebert Financial had a return on equity of 80.72% and a net margin of 39.86%.
NASDAQ:SIEB traded up $0.23 during trading hours on Thursday, reaching $9.96. 1,255 shares of the company traded hands, compared to its average volume of 7,081. The firm’s 50-day simple moving average is $10.31. The stock has a market capitalization of $278.36 million, a PE ratio of 24.41 and a beta of 0.02. The company has a debt-to-equity ratio of 0.14, a quick ratio of 15.05 and a current ratio of 15.05. Siebert Financial has a 1-year low of $8.17 and a 1-year high of $20.80.
SIEB has been the topic of a number of research reports. TheStreet cut Siebert Financial from a “b-” rating to a “c” rating in a report on Tuesday, April 23rd. ValuEngine cut Siebert Financial from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd.
Siebert Financial Company Profile
Siebert Financial Corp., through its subsidiaries, engages in the retail discount brokerage and investment advisory businesses. The company offers online and traditional brokerage, and related services to retail investors through a broker on the telephone, a wireless device, or through the Internet; various value added services, such as access to account information; independent retail execution services; and retail customer services.
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