OTC Markets Group (OTCMKTS:OTCM) Announces Earnings Results, Misses Expectations By $0.10 EPS

OTC Markets Group (OTCMKTS:OTCM) released its quarterly earnings results on Wednesday. The financial services provider reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.10), Zacks reports. OTC Markets Group had a return on equity of 70.24% and a net margin of 24.63%.

OTC Markets Group Trading Down 1.9 %

Shares of OTCM stock traded down $0.95 on Wednesday, reaching $48.56. 5,210 shares of the company’s stock were exchanged, compared to its average volume of 4,195. The company’s fifty day simple moving average is $51.66 and its 200 day simple moving average is $50.76. OTC Markets Group has a 52 week low of $45.00 and a 52 week high of $56.02. The stock has a market capitalization of $583.35 million, a PE ratio of 21.68, a P/E/G ratio of 2.17 and a beta of 0.54.

About OTC Markets Group

OTC Markets Group Inc operates regulated markets for trading 12,000 U.S. and international securities. Its data-driven disclosure standards form the foundation of its three public markets: OTCQX Best Market, OTCQB Venture Market, and Pink Open Market. The company's OTC Link Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading.