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 firm set a “hold” rating on the financial services provider’s stock.

Siebert Financial Stock Performance

Shares of Siebert Financial stock opened at $2.29 on Wednesday. The business has a 50-day simple moving average of $1.92 and a 200-day simple moving average of $1.97. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.11 and a current ratio of 1.11. Siebert Financial has a one year low of $1.41 and a one year high of $2.60. The company has a market cap of $91.33 million, a PE ratio of 11.45 and a beta of 0.31.

Siebert Financial (NASDAQ:SIEB) last announced its quarterly earnings data on Wednesday, August 14th. The financial services provider reported $0.10 earnings per share for the quarter. The business had revenue of $20.86 million for the quarter. Siebert Financial had a net margin of 12.21% and a return on equity of 13.03%.

About Siebert Financial

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.