OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $50.16 and traded as high as $51.00. OTC Markets Group shares last traded at $51.00, with a volume of 9,909 shares traded.
OTC Markets Group Stock Performance
The firm's 50-day moving average price is $48.07 and its two-hundred day moving average price is $50.16. The firm has a market capitalization of $612.97 million, a price-to-earnings ratio of 22.77, a price-to-earnings-growth ratio of 2.17 and a beta of 0.48.
OTC Markets Group (OTCMKTS:OTCM - Get Free Report) last released 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 analyst estimates of $27.96 million. OTC Markets Group had a net margin of 24.63% and a return on equity of 70.24%. As a group, equities research analysts anticipate that OTC Markets Group Inc. will post 2.4 EPS for the current year.
OTC Markets Group Cuts Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, June 5th will be paid a dividend of $0.18 per share. This represents a dividend yield of 1.44%. The ex-dividend date of this dividend is Wednesday, June 4th. OTC Markets Group's dividend payout ratio (DPR) is 31.72%.
OTC Markets Group Company Profile
(
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.
Further Reading
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