Siebert Financial Stock Drops 4.0%
Siebert Financial’s (NASDAQ:SIEB) shares opened at $2.38 on Thursday. The stock’s 52-week low is $1.41, and the high is $2.60. The 50-day average is $2.04, while the 200-day average is $1.99. The company has a market cap of $94.92 million, a P/E ratio of 11.90, and a beta of 0.31. Both its quick and current ratios are 1.11, and its debt-to-equity ratio is 0.05.
On August 14, Siebert Financial reported earnings of $0.10 per share for the quarter, with revenue of $20.86 million. The company achieved a return on equity of 13.03% and a net margin of 12.21%.
Company Overview
Siebert Financial Corp. operates in retail brokerage and investment advisory segments both in the U.S. and internationally. They provide services like self-directed trading, market making, wealth management, and financial advisory.
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