StockNews.com Initiates Coverage on Siebert Financial (NASDAQ:SIEB)

StockNews.com began coverage on shares of Siebert Financial (NASDAQ:SIEB) in a research report report published on Wednesday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Siebert Financial Trading Up 0.5 %

Siebert Financial stock opened at $2.02 on Wednesday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.06. The business’s fifty day simple moving average is $1.95 and its two-hundred day simple moving average is $1.82. Siebert Financial has a 12 month low of $1.46 and a 12 month high of $3.05. The company has a market capitalization of $79.95 million, a price-to-earnings ratio of 12.63 and a beta of 0.34.

About Siebert Financial

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.