Siebert Financial (NASDAQ:SIEB) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Siebert Financial (NASDAQ:SIEB) in a report issued on Wednesday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Siebert Financial Price Performance

Shares of SIEB stock opened at $1.62 on Wednesday. The stock’s fifty day moving average is $2.13 and its 200-day moving average is $1.92. The stock has a market capitalization of $64.61 million, a PE ratio of 8.10 and a beta of 0.33. 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 has a 52 week low of $1.46 and a 52 week high of $2.62.

Siebert Financial (NASDAQ:SIEB) last announced its earnings results on Wednesday, May 22nd. The financial services provider reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $20.46 million for the quarter. Siebert Financial had a net margin of 10.97% and a return on equity of 12.97%.

About Siebert Financial

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.