OTC Markets Group (OTCMKTS:OTCM – Get Free Report) issued its earnings results on Wednesday. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.29, reports. OTC Markets Group had a net margin of 24.95% and a return on equity of 73.70%. The firm had revenue of $32.86 million during the quarter, compared to analysts’ expectations of $34.00 million.
OTC Markets Group Stock Performance
OTCMKTS:OTCM opened at $53.04 on Thursday. OTC Markets Group has a one year low of $50.01 and a one year high of $58.00. The firm has a market cap of $635.58 million, a price-to-earnings ratio of 19.15, a PEG ratio of 1.43 and a beta of 0.36. The firm’s fifty day moving average is $53.64 and its two-hundred day moving average is $53.48.
About OTC Markets Group
OTC Markets Group operates marketplaces for trading over-the-counter securities and provides market data and services to broker-dealers, investors, and public companies. Its OTCQX, OTCQB, and OTC Pink markets offer different levels of issuer eligibility and disclosure standards. The company also operates OTC Link, an electronic interdealer quotation and trading system, and provides services such as issuer disclosure solutions, corporate actions processing, and market data distribution. Its platforms support trading in securities of U.S. and international companies.
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