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

StockNews.com started coverage on shares of Siebert Financial (NASDAQ:SIEB) in a research note issued on Wednesday. The brokerage set a “hold” rating on the financial services provider’s stock.

Siebert Financial Price Performance

SIEB stock opened at $2.01 on Wednesday. Siebert Financial has a one year low of $1.46 and a one year high of $3.05. The company’s fifty day moving average price is $1.94 and its 200-day moving average price is $1.81. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market capitalization of $79.56 million, a PE ratio of 12.56 and a beta of 0.34.

Siebert Financial Company Profile

Siebert Financial Corp., through its subsidiaries, engages in the retail discount brokerage and investment advisory businesses in the United States and Internationally. It offers discount brokerage services, including self-directed trading, wealth management, financial advice, market making and fixed income investment, stock borrow, equity compensation plans, securities lending, equity stock plan, and market making services; independent retail execution services; and retail customer services.