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

Shares of Siebert Financial stock opened at $1.74 on Thursday. The firm has a market cap of $69.39 million, a PE ratio of 8.70 and a beta of 0.33. The company’s fifty day simple moving average is $2.07 and its two-hundred day simple moving average is $1.92. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.06. Siebert Financial has a 12-month low of $1.46 and a 12-month high of $2.62.

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