OTC Markets Group Inc. (OTCMKTS:OTCM – Get Free Report) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 3,616 shares, a growth of 110.4% from the June 15th total of 1,719 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 7,323 shares, the days-to-cover ratio is currently 0.5 days.
OTC Markets Group Stock Up 1.6%
Shares of OTCM stock traded up $0.84 during trading hours on Friday, hitting $53.44. 103 shares of the company were exchanged, compared to its average volume of 6,513. The firm has a market cap of $640.75 million, a PE ratio of 20.09, a PEG ratio of 1.44 and a beta of 0.29. OTC Markets Group has a 1 year low of $49.35 and a 1 year high of $59.00. The firm has a fifty day moving average of $52.04 and a 200 day moving average of $53.14.
OTC Markets Group (OTCMKTS:OTCM – Get Free Report) last released its earnings results on Wednesday, May 6th. The financial services provider reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.02). The company had revenue of $34.84 million during the quarter, compared to analysts’ expectations of $32.11 million. OTC Markets Group had a net margin of 24.81% and a return on equity of 71.29%. Analysts expect that OTC Markets Group will post 2.81 earnings per share for the current year.
OTC Markets Group Company Profile
OTC Markets Group operates a network of electronic trading platforms that provide real-time quotes, trading, and market data for over-the-counter (OTC) securities. Through its tiered marketplaces—OTCQX for established companies, OTCQB for early-stage and developing firms, and OTC Pink for less transparent issuers—the company connects broker-dealers, institutional investors, and retail participants. Its platforms facilitate price discovery and liquidity for a wide range of securities, including foreign issuers, micro-caps, and funds.
The company’s product suite extends beyond trading venues to encompass market data services, corporate disclosure tools, and compliance solutions.
Featured Stories
- Five stocks we like better than OTC Markets Group
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
- Sandisk: What the Chart Is Trying to Tell Us
- 3 Picks-and-Shovels Stocks Powering the Humanoid Robotics Buildout
- J.B. Hunt Stock Could Reach $340 as Trucking Capacity Shrinks
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.
