StockNews.com Initiates Coverage on Siebert Financial (NASDAQ:SIEB)

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

Siebert Financial Stock Performance

NASDAQ:SIEB opened at $1.74 on Thursday. Siebert Financial has a 12-month low of $1.46 and a 12-month high of $2.62. 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 stock’s 50 day simple moving average is $2.07 and its 200-day simple moving average is $1.92. The firm has a market cap of $69.39 million, a P/E ratio of 8.70 and a beta of 0.33.

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

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.