Siebert Financial (NASDAQ:SIEB) Stock Crosses Above 50-Day Moving Average of $1.83

Siebert Financial Corp. (NASDAQ:SIEB) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $1.83 and traded as high as $2.60. Siebert Financial shares last traded at $2.53, with a volume of 47,064 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Siebert Financial in a research report on Tuesday. They issued a “hold” rating for the company.

Siebert Financial Stock Up 2.0 %

The company has a market capitalization of $100.90 million, a P/E ratio of 12.65 and a beta of 0.29. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.05. The firm has a fifty day simple moving average of $1.83 and a 200-day simple moving average of $1.95.

Siebert Financial (NASDAQ:SIEB) last posted its earnings results on Wednesday, August 14th. The financial services provider reported $0.10 earnings per share (EPS) for the quarter. Siebert Financial had a return on equity of 13.03% and a net margin of 12.21%. The business had revenue of $20.86 million during the quarter.

About Siebert Financial

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.