Shares of OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report) saw unusually-high trading volume on Friday . Approximately 17,171 shares traded hands during trading, an increase of 261% from the previous session's volume of 4,763 shares.The stock last traded at $54.50 and had previously closed at $54.12.
OTC Markets Group Stock Performance
The stock has a market cap of $655.09 million, a price-to-earnings ratio of 24.01, a P/E/G ratio of 2.46 and a beta of 0.48. The business has a 50-day simple moving average of $49.73 and a two-hundred day simple moving average of $50.08.
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 the consensus estimate of $0.53 by ($0.03). The business had revenue of $29.43 million for the quarter, compared to the consensus estimate of $27.96 million. OTC Markets Group had a return on equity of 67.70% and a net margin of 24.08%. On average, analysts expect that OTC Markets Group Inc. will post 2.4 earnings per share for the current fiscal year.
OTC Markets Group Cuts Dividend
The company also recently declared a dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, June 5th were paid a $0.18 dividend. This represents a yield of 1.44%. The ex-dividend date of this dividend was Wednesday, June 4th. OTC Markets Group's dividend payout ratio is currently 31.72%.
About OTC Markets Group
(
Get Free Report)
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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