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

StockNews.com started coverage on shares of Siebert Financial (NASDAQ:SIEB) in a research report sent to investors on Sunday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Siebert Financial Stock Performance

Siebert Financial stock opened at $2.65 on Friday. Siebert Financial has a 12-month low of $1.41 and a 12-month high of $2.79. 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 company has a market capitalization of $106.32 million, a price-to-earnings ratio of 11.52 and a beta of 0.31. The firm’s fifty day moving average price is $2.32 and its 200 day moving average price is $2.04.

Siebert Financial (NASDAQ:SIEB) last announced 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 return on equity of 13.03% and a net margin of 12.21%. The business had revenue of $20.86 million for the quarter.

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.