Somewhat Favorable News Coverage Unlikely to Affect OTC Markets Group (OTCM) Stock Price

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Press coverage about OTC Markets Group (OTCMKTS:OTCM) has trended somewhat positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than 6,000 news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. OTC Markets Group earned a news impact score of 1.09 on their scale. InfoTrie also assigned news articles about the financial services provider an news buzz score of 3 out of 10, indicating that recent news coverage is unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media headlines that may have impacted OTC Markets Group’s score:

Shares of OTC Markets Group stock opened at $31.11 on Friday. OTC Markets Group has a one year low of $23.12 and a one year high of $34.94. The stock has a market cap of $345.92 million, a PE ratio of 17.09 and a beta of 0.20.

OTC Markets Group (OTCMKTS:OTCM) last announced its quarterly earnings data on Wednesday, November 7th. The financial services provider reported $0.51 EPS for the quarter. The company had revenue of $14.04 million for the quarter. Research analysts predict that OTC Markets Group will post 1.36 EPS for the current year.

A number of equities analysts have recently commented on the company. ValuEngine raised OTC Markets Group from a “hold” rating to a “buy” rating in a research report on Wednesday, October 17th. Zacks Investment Research raised OTC Markets Group from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research report on Tuesday, November 20th.

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OTC Markets Group Company Profile

OTC Markets Group Inc engages in the financial market business in the United States. It offers OTC Link Alternative Trading System, which connects a network of brokers-dealers providing liquidity and execution services for various securities. The company also provides investors, traders, institutions, and regulators with a suite of enterprise and user level market data licenses through direct or extranet connectivity, third party market data redistributors, or order management systems.

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