OTC Markets Group (OTCMKTS:OTCM) Share Price Crosses Above 200 Day Moving Average – What’s Next?

OTC Markets Group Inc. (OTCMKTS:OTCM) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $52.77 and traded as high as $54.01. OTC Markets Group shares last traded at $54.01, with a volume of 2,229 shares changing hands.

Analysts Set New Price Targets

Separately, Zacks Research cut OTC Markets Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 13th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

OTC Markets Group Trading Up 1.0%

The company has a 50 day moving average of $53.11 and a 200 day moving average of $52.77. The firm has a market cap of $649.74 million, a price-to-earnings ratio of 22.41, a P/E/G ratio of 1.46 and a beta of 0.38.

OTC Markets Group (OTCMKTS:OTCM) last announced its quarterly earnings results on Wednesday, November 12th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.09. The company had revenue of $30.66 million during the quarter, compared to the consensus estimate of $29.49 million. OTC Markets Group had a return on equity of 67.77% and a net margin of 24.06%. Equities analysts forecast that OTC Markets Group Inc. will post 2.4 EPS for the current fiscal year.

About OTC Markets Group

OTC Markets Group operates a network of electronic trading platforms that provide real-time quotes, trading, and market data for over-the-counter (OTC) securities. Through its tiered marketplaces—OTCQX for established companies, OTCQB for early-stage and developing firms, and OTC Pink for less transparent issuers—the company connects broker-dealers, institutional investors, and retail participants. Its platforms facilitate price discovery and liquidity for a wide range of securities, including foreign issuers, micro-caps, and funds.

The company’s product suite extends beyond trading venues to encompass market data services, corporate disclosure tools, and compliance solutions.