OTC Markets Group Inc. (OTCMKTS:OTCM – Get Free Report) shares crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $53.44 and traded as high as $54.98. OTC Markets Group shares last traded at $54.15, with a volume of 2,008 shares trading hands.
OTC Markets Group Price Performance
The business has a 50 day simple moving average of $54.53 and a 200 day simple moving average of $53.44. The stock has a market cap of $649.26 million, a PE ratio of 19.55, a P/E/G ratio of 1.49 and a beta of 0.30.
OTC Markets Group (OTCMKTS:OTCM – Get Free Report) last issued its earnings results on Wednesday, August 5th. The financial services provider reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.34. The company had revenue of $33.74 million for the quarter, compared to analyst estimates of $33.22 million. OTC Markets Group had a return on equity of 73.70% and a net margin of 24.95%. As a group, sell-side analysts forecast that OTC Markets Group Inc. will post 2.8 earnings per share for the current fiscal year.
OTC Markets Group Company Profile
OTC Markets Group Inc operates financial markets for securities that are not listed on major national stock exchanges. Based in New York, the company provides trading services, market data, and corporate services for a broad range of U.S. and international securities.
The company operates the OTCQX, OTCQB, and Pink marketplaces, which are designed for different levels of disclosure and issuer eligibility. It also operates OTC Link ATS, an electronic interdealer quotation and trading system used by broker-dealers to facilitate transactions in over-the-counter securities.
In addition to its trading platforms, OTC Markets Group provides issuer services, disclosure and compliance solutions, security information, and market data products for investors, broker-dealers, and companies.
Recommended Stories
- Five stocks we like better than OTC Markets Group
- 3 Defense Stocks Riding Nuclear, Missile, and Aerospace Demand
- SoFi Is Bypassing the Banking Bottleneck With Stablecoin Settlement
- These 3 Overlooked Stocks Have Big Money Behind Them
- Darden Restaurants Serves Up Fresh Catalysts for a Stock Price Rally
Receive News & Ratings for OTC Markets Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OTC Markets Group and related companies with MarketBeat.com's FREE daily email newsletter.
