Siebert Financial Corp. (NASDAQ:SIEB - Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $4.39 and traded as low as $4.18. Siebert Financial shares last traded at $4.28, with a volume of 125,244 shares traded.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen cut Siebert Financial from a "strong-buy" rating to a "buy" rating in a research report on Sunday, June 15th.
Read Our Latest Research Report on SIEB
Siebert Financial Trading Down 2.1%
The firm has a market cap of $191.95 million, a price-to-earnings ratio of 10.33 and a beta of 0.62. The company has a 50-day moving average price of $4.46 and a 200 day moving average price of $3.43. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.04.
Siebert Financial (NASDAQ:SIEB - Get Free Report) last issued its earnings results on Tuesday, May 13th. The financial services provider reported $0.22 EPS for the quarter. The business 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 Trading of Siebert Financial
Institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC lifted its position in shares of 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 buying an additional 28,600 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Siebert Financial in the fourth quarter worth about $37,000. Geode Capital Management LLC lifted its position in shares of 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 worth $685,000 after buying an additional 10,053 shares during the last quarter. Finally, Northern Trust Corp lifted its position in shares of 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 buying an additional 5,323 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.
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