Oppenheimer (NYSE:OPY) Announces Earnings Results

Oppenheimer (NYSE:OPY) released its quarterly earnings results on Friday. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, Zacks reports. Oppenheimer had a net margin of 5.27% and a return on equity of 9.50%.

Oppenheimer Stock Down 4.5 %

NYSE OPY traded down $3.27 during trading on Friday, reaching $69.25. 11,974 shares of the company’s stock traded hands, compared to its average volume of 22,187. The company’s 50 day simple moving average is $65.05 and its two-hundred day simple moving average is $56.86. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.29 and a quick ratio of 0.80. Oppenheimer has a 12-month low of $36.93 and a 12-month high of $73.12. The firm has a market cap of $715.42 million, a price-to-earnings ratio of 10.77 and a beta of 1.14.

About Oppenheimer

Oppenheimer Holdings Inc operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company provides brokerage services covering corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, exchange-traded funds, and unit investment trusts; financial and wealth planning services; and margin lending services.