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

StockNews.com began coverage on shares of Siebert Financial (NASDAQ:SIEB) in a research note released on Tuesday morning. The firm issued a hold rating on the financial services provider’s stock.

Siebert Financial Trading Up 0.7 %

NASDAQ SIEB opened at $2.93 on Tuesday. The company has a market cap of $117.55 million, a PE ratio of 11.27 and a beta of 0.31. Siebert Financial has a 12 month low of $1.41 and a 12 month high of $2.95. The stock has a 50 day moving average of $2.52 and a 200-day moving average of $2.09. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.05.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Siebert Financial stock. Geode Capital Management LLC increased its holdings in shares of Siebert Financial Corp. (NASDAQ:SIEB) by 70.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 206,788 shares of the financial services provider’s stock after purchasing an additional 85,456 shares during the period. Geode Capital Management LLC owned 0.52% of Siebert Financial worth $523,000 as of its most recent filing with the SEC. Institutional investors own 1.52% of the company’s stock.

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.