Siebert Financial (NASDAQ:SIEB) Releases Quarterly Earnings Results

Siebert Financial (NASDAQ:SIEB) issued its earnings results on Monday. The financial services provider reported $0.04 earnings per share for the quarter, Zacks reports. Siebert Financial had a net margin of 12.83% and a return on equity of 13.92%.

Siebert Financial Price Performance

Shares of NASDAQ:SIEB traded up $0.01 on Monday, reaching $2.86. 6,989 shares of the company were exchanged, compared to its average volume of 24,165. The firm has a market cap of $114.55 million, a price-to-earnings ratio of 10.98 and a beta of 0.45. Siebert Financial has a 1-year low of $1.41 and a 1-year high of $3.34. The company has a 50-day moving average of $2.70 and a 200-day moving average of $2.70. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.05.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Siebert Financial in a research report on Wednesday, March 26th. They issued a “hold” rating for the company.

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.