Siebert Financial (NASDAQ:SIEB) Coverage Initiated by Analysts at StockNews.com

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

Siebert Financial Stock Performance

Shares of SIEB stock opened at $1.52 on Wednesday. The stock has a fifty day moving average price of $1.75 and a 200 day moving average price of $1.91. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market cap of $60.62 million, a PE ratio of 7.60 and a beta of 0.29. Siebert Financial has a 1 year low of $1.41 and a 1 year high of $2.54.

Siebert Financial (NASDAQ:SIEB) last released 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 business had revenue of $20.46 million during the quarter.

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.