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

Investment analysts at StockNews.com initiated coverage on shares of Siebert Financial (NASDAQ:SIEB) in a research note issued on Saturday. The firm set a “hold” rating on the financial services provider’s stock.

Siebert Financial Price Performance

SIEB opened at $1.74 on Friday. The stock has a fifty day simple moving average of $2.00 and a two-hundred day simple moving average of $1.92. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.06. The company has a market cap of $69.39 million, a price-to-earnings ratio of 8.70 and a beta of 0.30. Siebert Financial has a 12-month low of $1.46 and a 12-month high of $2.54.

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

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.