Shares of OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report) saw strong trading volume on Thursday . 21,155 shares were traded during mid-day trading, an increase of 332% from the previous session's volume of 4,895 shares.The stock last traded at $55.00 and had previously closed at $56.05.
OTC Markets Group Stock Up 0.0%
The stock has a market cap of $661.21 million, a PE ratio of 23.81, a P/E/G ratio of 1.73 and a beta of 0.52. The business has a 50 day moving average price of $55.22 and a 200 day moving average price of $51.11.
OTC Markets Group (OTCMKTS:OTCM - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The financial services provider reported $0.60 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.02). The company had revenue of $29.51 million during the quarter, compared to analyst estimates of $29.78 million. OTC Markets Group had a net margin of 23.96% and a return on equity of 69.14%. On average, research analysts predict that OTC Markets Group Inc. will post 2.4 earnings per share for the current fiscal year.
OTC Markets Group Cuts Dividend
The business also recently announced a dividend, which was paid on Wednesday, June 18th. Investors of record on Thursday, June 5th were paid a $0.18 dividend. The ex-dividend date of this dividend was Wednesday, June 4th. This represents a yield of 144.0%. OTC Markets Group's dividend payout ratio is presently 31.17%.
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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