Siebert Financial (NASDAQ:SIEB) Now Covered by Analysts at StockNews.com

Stock analysts at StockNews.com began coverage on shares of Siebert Financial (NASDAQ:SIEB – Get Rating) in a report issued on Sunday. The firm set a “hold” rating on the financial services provider’s stock.

Separately, TheStreet upgraded shares of Siebert Financial from a “d+” rating to a “c+” rating in a research note on Friday, June 2nd.

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Siebert Financial Stock Up 2.5 %

Shares of SIEB opened at $2.50 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.11. The firm has a market cap of $81.26 million, a P/E ratio of 35.71 and a beta of 0.06. The company’s 50-day moving average price is $2.33 and its 200 day moving average price is $1.91. Siebert Financial has a 12-month low of $1.20 and a 12-month high of $3.05.

Siebert Financial (NASDAQ:SIEB – Get Rating) last issued its quarterly earnings results on Monday, May 15th. The financial services provider reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $16.17 million for the quarter. Siebert Financial had a net margin of 3.89% and a return on equity of 4.14%.

Institutional Trading of Siebert Financial

An institutional investor recently bought a new position in Siebert Financial stock. Millennium Management LLC bought a new position in shares of Siebert Financial Corp. (NASDAQ:SIEB – Get Rating) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,148 shares of the financial services provider’s stock, valued at approximately $34,000. Millennium Management LLC owned 0.08% of Siebert Financial as of its most recent filing with the Securities and Exchange Commission (SEC). 6.91% of the stock is currently owned by institutional investors.

Siebert Financial Company Profile

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Siebert Financial Corp., through its subsidiaries, engages in the retail discount brokerage and investment advisory businesses in the United States and Internationally. It offers discount brokerage services, including self-directed trading, wealth management, financial advice, market making and fixed income investment, stock borrow, equity compensation plans, securities lending, equity stock plan, and market making services; independent retail execution services; and retail customer services.

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