OTC Markets Group (OTCMKTS:OTCM) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

OTC Markets Group Inc. (OTCMKTS:OTCM)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $52.77 and traded as high as $54.01. OTC Markets Group shares last traded at $54.01, with a volume of 2,229 shares traded.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of OTC Markets Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 13th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

OTC Markets Group Trading Up 1.0%

The stock has a market capitalization of $649.74 million, a P/E ratio of 22.41, a PEG ratio of 1.46 and a beta of 0.38. The company has a fifty day simple moving average of $53.11 and a two-hundred day simple moving average of $52.77.

OTC Markets Group (OTCMKTS:OTCM) last issued its quarterly earnings results on Wednesday, November 12th. The financial services provider reported $0.71 EPS for the quarter, topping the consensus estimate of $0.62 by $0.09. OTC Markets Group had a net margin of 24.06% and a return on equity of 67.77%. The company had revenue of $30.66 million during the quarter, compared to analysts’ expectations of $29.49 million. As a group, analysts forecast that OTC Markets Group Inc. will post 2.4 earnings per share for the current fiscal year.

OTC Markets Group Company Profile

OTC Markets Group operates a network of electronic trading platforms that provide real-time quotes, trading, and market data for over-the-counter (OTC) securities. Through its tiered marketplaces—OTCQX for established companies, OTCQB for early-stage and developing firms, and OTC Pink for less transparent issuers—the company connects broker-dealers, institutional investors, and retail participants. Its platforms facilitate price discovery and liquidity for a wide range of securities, including foreign issuers, micro-caps, and funds.

The company’s product suite extends beyond trading venues to encompass market data services, corporate disclosure tools, and compliance solutions.