OTC Markets Group (OTCMKTS:OTCM) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Shares of OTC Markets Group Inc. (OTCMKTS:OTCM) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $53.19 and traded as high as $56.25. OTC Markets Group shares last traded at $56.25, with a volume of 2,978 shares traded.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of OTC Markets Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 13th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, OTC Markets Group presently has a consensus rating of “Hold”.

OTC Markets Group Stock Performance

The stock’s fifty day simple moving average is $52.46 and its two-hundred day simple moving average is $53.19. The stock has a market capitalization of $676.13 million, a P/E ratio of 23.34, a price-to-earnings-growth ratio of 1.50 and a beta of 0.38.

OTC Markets Group (OTCMKTS:OTCM) last issued its quarterly earnings results on Wednesday, November 12th. The financial services provider reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.09. OTC Markets Group had a net margin of 24.06% and a return on equity of 67.77%. The company had revenue of $30.66 million for the quarter, compared to analyst estimates of $29.49 million. As a group, analysts expect that OTC Markets Group Inc. will post 2.4 earnings per share for the current fiscal year.

About OTC Markets Group

OTC Markets Group operates a network of electronic trading platforms that provide real-time quotes, trading, and market data for over-the-counter (OTC) securities. Through its tiered marketplaces—OTCQX for established companies, OTCQB for early-stage and developing firms, and OTC Pink for less transparent issuers—the company connects broker-dealers, institutional investors, and retail participants. Its platforms facilitate price discovery and liquidity for a wide range of securities, including foreign issuers, micro-caps, and funds.

The company’s product suite extends beyond trading venues to encompass market data services, corporate disclosure tools, and compliance solutions.