OTC Markets Group (OTCMKTS:OTCM – Get Free Report) released its quarterly earnings data on Wednesday. The financial services provider reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.02), Zacks reports. OTC Markets Group had a net margin of 24.85% and a return on equity of 70.52%.
OTC Markets Group Stock Down 0.2%
Shares of OTC Markets Group stock traded down $0.10 during trading on Thursday, reaching $55.00. The company’s stock had a trading volume of 4,947 shares, compared to its average volume of 5,580. OTC Markets Group has a 12-month low of $48.00 and a 12-month high of $60.50. The business has a 50 day moving average price of $53.66 and a 200-day moving average price of $53.16. The company has a market capitalization of $662.59 million, a P/E ratio of 21.40, a price-to-earnings-growth ratio of 1.53 and a beta of 0.31.
Wall Street Analyst Weigh In
Separately, Zacks Research cut OTC Markets Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, OTC Markets Group has an average rating of “Hold”.
About OTC Markets Group
OTC Markets Group operates a network of electronic trading platforms that provide real-time quotes, trading, and market data for over-the-counter (OTC) securities. Through its tiered marketplaces—OTCQX for established companies, OTCQB for early-stage and developing firms, and OTC Pink for less transparent issuers—the company connects broker-dealers, institutional investors, and retail participants. Its platforms facilitate price discovery and liquidity for a wide range of securities, including foreign issuers, micro-caps, and funds.
The company’s product suite extends beyond trading venues to encompass market data services, corporate disclosure tools, and compliance solutions.
Featured Articles
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.
