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

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

Siebert Financial Stock Performance

NASDAQ SIEB opened at $2.38 on Thursday. The stock has a fifty day simple moving average of $2.04 and a 200-day simple moving average of $1.99. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.05. The stock has a market cap of $94.92 million, a PE ratio of 11.90 and a beta of 0.31. Siebert Financial has a twelve month low of $1.41 and a twelve month high of $2.60.

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

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.