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

StockNews.com initiated coverage on shares of Siebert Financial (NASDAQ:SIEB) in a research note published on Monday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Siebert Financial Price Performance

NASDAQ:SIEB opened at $2.38 on Monday. The firm’s fifty day moving average is $1.81 and its two-hundred day moving average is $1.94. The firm has a market cap of $94.92 million, a price-to-earnings ratio of 11.90 and a beta of 0.29. 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 $2.54.

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