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

StockNews.com initiated coverage on shares of Siebert Financial (NASDAQ:SIEB) in a research report released on Saturday morning. The firm issued a hold rating on the financial services provider’s stock.

Siebert Financial Trading Down 1.4 %

SIEB opened at $2.45 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $98.09 million, a PE ratio of 10.63 and a beta of 0.31. Siebert Financial has a 1-year low of $1.41 and a 1-year high of $2.71. The firm has a 50-day moving average price of $2.22 and a two-hundred day moving average price of $2.02.

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

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.