OTC Markets Group (OTCMKTS:OTCM – Get Free Report) posted its earnings results on Wednesday. The financial services provider reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.04, Zacks reports. The company had revenue of $31.74 million for the quarter, compared to analyst estimates of $31.89 million. OTC Markets Group had a return on equity of 68.62% and a net margin of 24.85%.
OTC Markets Group Stock Down 2.9%
Shares of OTCM traded down $1.60 on Friday, hitting $54.25. 12,315 shares of the stock traded hands, compared to its average volume of 5,738. OTC Markets Group has a 1 year low of $44.20 and a 1 year high of $60.50. The stock’s 50 day moving average is $53.63 and its two-hundred day moving average is $52.51. The firm has a market capitalization of $652.63 million, a P/E ratio of 21.11, a P/E/G ratio of 1.44 and a beta of 0.37.
Analyst Upgrades and Downgrades
Separately, Zacks Research downgraded shares of OTC Markets Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 13th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.
OTC Markets Group Company Profile
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.
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