Shares of Siebert Financial Corp. (NASDAQ:SIEB - Get Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $4.50 and traded as low as $3.84. Siebert Financial shares last traded at $4.03, with a volume of 78,829 shares changing hands.
Analysts Set New Price Targets
Separately, Wall Street Zen downgraded Siebert Financial from a "strong-buy" rating to a "buy" rating in a research report on Sunday, June 15th.
Read Our Latest Report on SIEB
Siebert Financial Stock Performance
The firm has a market capitalization of $151.54 million, a P/E ratio of 8.15 and a beta of 0.62. The firm has a 50-day moving average price of $4.51 and a two-hundred day moving average price of $3.46. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.16 and a quick ratio of 1.16.
Siebert Financial (NASDAQ:SIEB - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The financial services provider reported $0.22 earnings per share for the quarter. The firm had revenue of $28.92 million during the quarter. Siebert Financial had a return on equity of 21.37% and a net margin of 19.77%.
Institutional Investors Weigh In On Siebert Financial
Large investors have recently modified their holdings of the business. Jane Street Group LLC acquired a new position in Siebert Financial in the fourth quarter valued at approximately $37,000. Renaissance Technologies LLC lifted its holdings in Siebert Financial by 275.0% in the fourth quarter. Renaissance Technologies LLC now owns 39,000 shares of the financial services provider's stock valued at $123,000 after acquiring an additional 28,600 shares during the period. Northern Trust Corp lifted its holdings in Siebert Financial by 15.1% in the fourth quarter. Northern Trust Corp now owns 40,583 shares of the financial services provider's stock valued at $128,000 after acquiring an additional 5,323 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Siebert Financial by 4.9% in the fourth quarter. Geode Capital Management LLC now owns 216,841 shares of the financial services provider's stock valued at $685,000 after acquiring an additional 10,053 shares during the period. Hedge funds and other institutional investors own 1.52% of the company's stock.
About Siebert Financial
(
Get Free Report)
Siebert Financial Corp., through its subsidiaries, engages in the retail brokerage and investment advisory businesses in the United States and Internationally. It offers self-directed trading, market making and fixed income investment, stock borrow, stock loan, equity compensation plans, wealth management, and financial advisory services; independent retail execution services; and retail customer services.
Featured Articles
Before you consider Siebert Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Siebert Financial wasn't on the list.
While Siebert Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
