Siebert Financial Corp. (NASDAQ:SIEB - Get Free Report) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $4.25 and traded as low as $4.06. Siebert Financial shares last traded at $4.27, with a volume of 173,555 shares traded.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen cut shares of Siebert Financial from a "strong-buy" rating to a "buy" rating in a research note on Sunday, June 15th.
Read Our Latest Stock Analysis on Siebert Financial
Siebert Financial Stock Performance
The stock's 50-day moving average is $4.36 and its 200-day moving average is $3.37. The stock has a market cap of $195.58 million, a price-to-earnings ratio of 10.52 and a beta of 0.67. 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 announced its earnings results on Tuesday, May 13th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter. Siebert Financial had a net margin of 19.77% and a return on equity of 21.37%. The firm had revenue of $28.92 million for the quarter.
Institutional Trading of Siebert Financial
A number of hedge funds have recently bought and sold shares of SIEB. Jane Street Group LLC acquired a new stake in Siebert Financial during the fourth quarter worth approximately $37,000. Renaissance Technologies LLC boosted its holdings in shares of Siebert Financial by 275.0% in the 4th quarter. Renaissance Technologies LLC now owns 39,000 shares of the financial services provider's stock valued at $123,000 after purchasing an additional 28,600 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Siebert Financial by 15.1% in the 4th quarter. Northern Trust Corp now owns 40,583 shares of the financial services provider's stock valued at $128,000 after purchasing an additional 5,323 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Siebert Financial by 4.9% in the 4th quarter. Geode Capital Management LLC now owns 216,841 shares of the financial services provider's stock valued at $685,000 after purchasing an additional 10,053 shares during the last quarter. Institutional investors and hedge funds own 1.52% of the company's stock.
Siebert Financial Company Profile
(
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.
Further Reading
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