Siebert Financial (NASDAQ:SIEB) Stock Passes Above 50-Day Moving Average of $1.83

Siebert Financial Corp. (NASDAQ:SIEB)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1.83 and traded as high as $2.60. Siebert Financial shares last traded at $2.53, with a volume of 47,064 shares.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Siebert Financial in a report on Tuesday. They issued a “hold” rating on the stock.

Siebert Financial Stock Performance

The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.05. The stock’s fifty day moving average is $1.83 and its two-hundred day moving average is $1.95. The firm has a market capitalization of $100.90 million, a price-to-earnings ratio of 12.65 and a beta of 0.29.

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

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.