Siebert Financial (NASDAQ:SIEB) Coverage Initiated by Analysts at StockNews.com

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

Siebert Financial Stock Performance

Shares of Siebert Financial stock opened at $2.02 on Wednesday. The firm’s fifty day simple moving average is $1.95 and its 200-day simple moving average is $1.82. The stock has a market capitalization of $79.95 million, a price-to-earnings ratio of 12.63 and a beta of 0.34. Siebert Financial has a 12 month low of $1.46 and a 12 month high of $3.05. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.08 and a quick ratio of 1.08.

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.