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

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

Siebert Financial Stock Performance

NASDAQ:SIEB opened at $2.66 on Friday. The stock has a 50 day simple moving average of $2.34 and a 200 day simple moving average of $2.04. The stock has a market cap of $106.72 million, a P/E ratio of 10.23 and a beta of 0.31. Siebert Financial has a 1-year low of $1.41 and a 1-year high of $2.79. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.05.

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 net margin of 12.83% and a return on equity of 14.31%. The company had revenue of $20.86 million during 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.