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

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

Siebert Financial Stock Down 1.8 %

Shares of NASDAQ SIEB opened at $2.22 on Monday. The firm’s 50-day simple moving average is $1.79 and its 200 day simple moving average is $1.94. The company has a market cap of $88.54 million, a price-to-earnings ratio of 11.10 and a beta of 0.29. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.05. Siebert Financial has a 12-month low of $1.41 and a 12-month high of $2.54.

Siebert Financial (NASDAQ:SIEB) last issued its quarterly earnings results on Wednesday, August 14th. The financial services provider reported $0.10 earnings per share (EPS) 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%.

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.