Siebert Financial (NASDAQ:SIEB) Stock Passes Below 200 Day Moving Average of $1.90

Siebert Financial Corp. (NASDAQ:SIEB) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.90 and traded as low as $1.77. Siebert Financial shares last traded at $1.84, with a volume of 15,687 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Siebert Financial in a research note on Saturday. They set a “hold” rating on the stock.

Siebert Financial Price Performance

The company’s fifty day moving average is $1.71 and its two-hundred day moving average is $1.91. The firm has a market capitalization of $73.38 million, a price-to-earnings ratio of 9.20 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.

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

Siebert Financial Company Profile

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.