OTC Markets Group Inc. (OTCMKTS:OTCM – Get Free Report) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totalling 600 shares, a decrease of 25.0% from the August 31st total of 800 shares. Based on an average trading volume of 8,100 shares, the short-interest ratio is presently 0.1 days.
OTC Markets Group Trading Up 0.4 %
Shares of OTCM traded up $0.20 during mid-day trading on Friday, hitting $47.20. The company’s stock had a trading volume of 2,855 shares, compared to its average volume of 3,811. The company’s 50-day moving average is $47.88 and its 200-day moving average is $50.27. OTC Markets Group has a 52-week low of $45.00 and a 52-week high of $62.00. The firm has a market capitalization of $565.03 million, a price-to-earnings ratio of 20.98, a PEG ratio of 2.20 and a beta of 0.54.
OTC Markets Group (OTCMKTS:OTCM – Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The financial services provider reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.10). OTC Markets Group had a return on equity of 71.64% and a net margin of 24.67%. The business had revenue of $27.56 million during the quarter, compared to analysts’ expectations of $28.06 million. As a group, sell-side analysts predict that OTC Markets Group will post 2.36 earnings per share for the current fiscal year.
OTC Markets Group Dividend Announcement
About OTC Markets Group
OTC Markets Group Inc operates regulated markets for trading 12,000 U.S. and international securities. Its data-driven disclosure standards form the foundation of its three public markets: OTCQX Best Market, OTCQB Venture Market, and Pink Open Market. The company's OTC Link Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading.
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