OTC Markets Group Inc. (OTCMKTS:OTCM – Get Free Report) saw a large drop in short interest in July. As of July 15th, there was short interest totalling 500 shares, a drop of 61.5% from the June 30th total of 1,300 shares. Based on an average daily volume of 5,100 shares, the short-interest ratio is presently 0.1 days.
OTC Markets Group Price Performance
Shares of OTCM traded up $0.15 during mid-day trading on Thursday, reaching $49.01. The company’s stock had a trading volume of 1,488 shares, compared to its average volume of 4,422. OTC Markets Group has a 12-month low of $48.00 and a 12-month high of $62.00. The stock has a market cap of $586.65 million, a PE ratio of 21.78, a price-to-earnings-growth ratio of 2.14 and a beta of 0.54. The company’s 50 day moving average is $49.84 and its 200 day moving average is $53.60.
OTC Markets Group (OTCMKTS:OTCM – Get Free Report) last released its quarterly earnings data on Wednesday, May 8th. The financial services provider reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.08). OTC Markets Group had a net margin of 24.95% and a return on equity of 73.70%. The business had revenue of $27.66 million during the quarter, compared to analysts’ expectations of $28.38 million. As a group, sell-side analysts anticipate that OTC Markets Group will post 2.58 EPS for the current fiscal year.
OTC Markets Group Announces Dividend
OTC Markets Group Company Profile
OTC Markets Group Inc operates regulated markets for trading 12,000 U.S. and international securities. Its data-driven disclosure standards form the foundation of its three public markets: OTCQX Best Market, OTCQB Venture Market, and Pink Open Market. The company's OTC Link Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading.
Featured Stories
- Five stocks we like better than OTC Markets Group
- Investing in Commodities: What Are They? How to Invest in Them
- Viking Therapeutics: Pharma Stock Soars on Positive Earnings
- Using the MarketBeat Stock Split Calculator
- Top 3 Small Cap Stocks Emerging as Rotation Winners
- Insider Trades May Not Tell You What You Think
- Bargain Alert: 3 Stocks Worth Watching While The Market Cools
Receive News & Ratings for OTC Markets Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OTC Markets Group and related companies with MarketBeat.com's FREE daily email newsletter.