Siebert Financial (NASDAQ:SIEB) Announces Quarterly Earnings Results

Siebert Financial (NASDAQ:SIEB) announced its quarterly 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 Stock Up 5.6 %

SIEB opened at $3.01 on Tuesday. Siebert Financial has a 1 year low of $1.41 and a 1 year high of $3.34. The firm has a 50 day moving average price of $2.70 and a 200 day moving average price of $2.70. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.13 and a current ratio of 1.13. The company has a market cap of $120.76 million, a PE ratio of 11.58 and a beta of 0.45.

Analysts Set New Price Targets

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

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.