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

Equities researchers at StockNews.com started coverage on shares of Siebert Financial (NASDAQ:SIEB) in a research report issued to clients and investors on Saturday. The brokerage set a “hold” rating on the financial services provider’s stock.

Siebert Financial Stock Performance

SIEB opened at $1.84 on Friday. The business has a fifty day simple moving average of $1.71 and a 200 day simple moving average of $1.90. The company has a market capitalization of $73.38 million, a PE ratio of 9.20 and a beta of 0.29. Siebert Financial has a 1 year low of $1.41 and a 1 year high of $2.54. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.11 and a quick ratio of 1.11.

Siebert Financial (NASDAQ:SIEB) last released its quarterly earnings results on Wednesday, August 14th. The financial services provider reported $0.10 earnings per share (EPS) for the quarter. The business had revenue of $20.86 million during the quarter. Siebert Financial had a return on equity of 13.03% and a net margin of 12.21%.

Siebert Financial Company Profile

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.