Siebert Financial (NASDAQ:SIEB) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of Siebert Financial (NASDAQ:SIEB) in a research note issued to investors on Thursday. The brokerage issued a hold rating on the financial services provider’s stock.

Siebert Financial Price Performance

NASDAQ:SIEB opened at $2.38 on Thursday. The firm has a market cap of $94.92 million, a PE ratio of 11.90 and a beta of 0.31. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.05. Siebert Financial has a 12 month low of $1.41 and a 12 month high of $2.60. The company’s 50-day moving average price is $2.04 and its two-hundred day moving average price is $1.99.

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

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.