OTC Markets Group (OTCMKTS:OTCM) Stock Passes Above 200 Day Moving Average of $56.05

OTC Markets Group Inc. (OTCMKTS:OTCMGet 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 $56.05 and traded as high as $57.47. OTC Markets Group shares last traded at $56.55, with a volume of 12,161 shares.

OTC Markets Group Stock Performance

The stock has a market capitalization of $674.64 million, a price-to-earnings ratio of 23.56, a PEG ratio of 2.68 and a beta of 0.65. The company has a fifty day simple moving average of $53.41 and a two-hundred day simple moving average of $56.05.

OTC Markets Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Thursday, December 7th will be paid a $1.50 dividend. This is a positive change from OTC Markets Group’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Wednesday, December 6th. This represents a $6.00 annualized dividend and a dividend yield of 10.61%. OTC Markets Group’s dividend payout ratio (DPR) is presently 30.00%.

OTC Markets Group Company Profile

(Get Free Report)

OTC Markets Group Inc engages in the financial market business in the United States and internationally. It offers OTC Link Alternative Trading System, a dealer system to view and publish quotes; OTC Dealer, a real-time, front-end application that provides consolidated quotation, trading, and information system to attract and access market liquidity; OTC FIX, which uses the industry standard FIX protocol for quote submission, trading, and routing of execution reports; and OTC Link Electronic Communication Networks (ECN), a dealer network model with auto-execution functionality; OTC Link National Quotation Bureau (NQB), a matching engine model that allows for the distribution of market data.

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