OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as $55.35 and last traded at $55.35, with a volume of 3191 shares trading hands. The stock had previously closed at $55.00.
OTC Markets Group Trading Up 1.4%
The stock's 50 day moving average is $50.74 and its two-hundred day moving average is $50.18. The stock has a market capitalization of $685.14 million, a price-to-earnings ratio of 25.11, a price-to-earnings-growth ratio of 2.56 and a beta of 0.51.
OTC Markets Group (OTCMKTS:OTCM - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $0.50 EPS for the quarter, missing analysts' consensus estimates of $0.53 by ($0.03). The firm had revenue of $29.43 million during the quarter, compared to the consensus estimate of $27.96 million. OTC Markets Group had a net margin of 24.08% and a return on equity of 67.70%. On average, research analysts anticipate that OTC Markets Group Inc. will post 2.4 earnings per share for the current year.
OTC Markets Group Cuts Dividend
The firm also recently announced a dividend, which was paid on Wednesday, June 18th. Investors of record on Thursday, June 5th were issued a dividend of $0.18 per share. This represents a yield of 1.44%. The ex-dividend date was Wednesday, June 4th. OTC Markets Group's payout ratio is 31.72%.
OTC Markets Group Company Profile
(
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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.
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