StockNews.com Begins Coverage on Siebert Financial (NASDAQ:SIEB)

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

Siebert Financial Stock Up 3.5 %

Shares of SIEB opened at $2.38 on Monday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.11 and a quick ratio of 1.11. The stock has a market capitalization of $94.92 million, a price-to-earnings ratio of 11.90 and a beta of 0.29. Siebert Financial has a 1 year low of $1.41 and a 1 year high of $2.54. The business’s 50 day simple moving average is $1.81 and its 200-day simple moving average is $1.94.

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

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.