OTC Markets Group (OTCMKTS:OTCM – Get Free Report) released its quarterly earnings results on Wednesday. The financial services provider reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.05), Zacks reports. OTC Markets Group had a net margin of 24.95% and a return on equity of 73.70%.
OTC Markets Group Stock Performance
OTCMKTS OTCM traded up $0.34 on Wednesday, hitting $52.55. 13,952 shares of the stock were exchanged, compared to its average volume of 6,506. The stock has a fifty day moving average price of $53.69 and a two-hundred day moving average price of $53.49. The firm has a market capitalization of $630.07 million, a P/E ratio of 18.97, a P/E/G ratio of 1.45 and a beta of 0.36. OTC Markets Group has a 52-week low of $50.01 and a 52-week high of $58.00.
OTC Markets Group Company Profile
OTC Markets Group operates marketplaces for trading over-the-counter securities and provides market data and services to broker-dealers, investors, and public companies. Its OTCQX, OTCQB, and OTC Pink markets offer different levels of issuer eligibility and disclosure standards. The company also operates OTC Link, an electronic interdealer quotation and trading system, and provides services such as issuer disclosure solutions, corporate actions processing, and market data distribution. Its platforms support trading in securities of U.S. and international companies.
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