OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report) saw unusually-high trading volume on Friday . Approximately 6,908 shares traded hands during trading, an increase of 50% from the previous session's volume of 4,598 shares.The stock last traded at $52.80 and had previously closed at $52.89.
OTC Markets Group Stock Performance
The company has a market cap of $634.90 million, a P/E ratio of 23.27, a P/E/G ratio of 2.41 and a beta of 0.48. The firm's fifty day moving average is $49.14 and its two-hundred day moving average is $50.08.
OTC Markets Group (OTCMKTS:OTCM - Get Free Report) last posted 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). OTC Markets Group had a return on equity of 67.70% and a net margin of 24.08%. The business had revenue of $29.43 million during the quarter, compared to analysts' expectations of $27.96 million. On average, equities research analysts expect that OTC Markets Group Inc. will post 2.4 EPS for the current year.
OTC Markets Group Cuts Dividend
The company also recently announced a dividend, which was paid on Wednesday, June 18th. Investors of record on Thursday, June 5th were given a $0.18 dividend. The ex-dividend date was Wednesday, June 4th. This represents a dividend yield of 1.44%. OTC Markets Group's dividend payout ratio is currently 31.72%.
About OTC Markets Group
(
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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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