Shares of OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $51.20 and traded as high as $53.19. OTC Markets Group shares last traded at $52.70, with a volume of 17,759 shares trading hands.
OTC Markets Group Price Performance
The stock's fifty day simple moving average is $55.85 and its 200-day simple moving average is $51.19. The company has a market capitalization of $635.62 million, a P/E ratio of 22.89, a PEG ratio of 1.64 and a beta of 0.52.
OTC Markets Group (OTCMKTS:OTCM - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.62 by ($0.02). OTC Markets Group had a net margin of 23.96% and a return on equity of 69.14%. The firm had revenue of $29.51 million for the quarter, compared to the consensus estimate of $29.78 million. On average, research analysts predict 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 declared a dividend, which was paid on Wednesday, June 18th. Investors of record on Thursday, June 5th were given a $0.18 dividend. This represents a yield of 144.0%. The ex-dividend date of this dividend was Wednesday, June 4th. OTC Markets Group's dividend payout ratio is 31.17%.
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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