Siebert Financial Corp. (NASDAQ:SIEB - Get Free Report)'s stock price passed 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.
Wall Street Analyst Weigh In
Separately, Wall Street Zen downgraded shares of Siebert Financial from a "strong-buy" rating to a "buy" rating in a research note on Sunday, June 15th.
Check Out Our Latest Analysis on Siebert Financial
Siebert Financial Stock Performance
The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.04. The company has a market cap of $172.55 million, a PE ratio of 9.28 and a beta of 0.66. The stock's 50 day simple moving average is $4.25 and its two-hundred day simple moving average is $3.34.
Siebert Financial (NASDAQ:SIEB - Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The financial services provider reported $0.22 earnings per share for the quarter. Siebert Financial had a net margin of 19.77% and a return on equity of 21.37%. The company had revenue of $28.92 million for the quarter.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its stake in Siebert Financial by 4.9% during 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 period. Renaissance Technologies LLC grew its position 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 worth $123,000 after acquiring an additional 28,600 shares in the last quarter. Northern Trust Corp grew its position 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 worth $128,000 after acquiring an additional 5,323 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in Siebert Financial in the fourth quarter worth approximately $37,000. 1.52% of the stock is owned by institutional investors and hedge funds.
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.
See Also
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