OTC Markets Group (OTCMKTS:OTCM) released its quarterly earnings data on Wednesday. The financial services provider reported $0.46 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.11, Morningstar.com reports. OTC Markets Group had a net margin of 27.90% and a return on equity of 131.13%. The firm had revenue of $15.03 million for the quarter, compared to the consensus estimate of $15.06 million.
OTCM traded down $0.80 during trading on Friday, hitting $35.75. 9,690 shares of the company’s stock were exchanged, compared to its average volume of 3,322. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.93. The firm’s 50 day moving average price is $33.44. OTC Markets Group has a fifty-two week low of $26.27 and a fifty-two week high of $40.00. The company has a market cap of $416.49 million, a PE ratio of 18.52, a P/E/G ratio of 2.33 and a beta of 0.43.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, September 12th will be issued a dividend of $0.15 per share. The ex-dividend date is Wednesday, September 11th. This represents a $0.60 annualized dividend and a yield of 1.68%. OTC Markets Group’s payout ratio is 31.09%.
About OTC Markets Group
OTC Markets Group Inc engages in the financial market business in the United States. It offers OTC Link Alternative Trading System, which provides a suite of quotation and trade-messaging services offering broker-dealers the control of trades and choice of counterparties for execution and attracting order flow, as well as complying with Financial Industry Regulatory Authority and Securities and Exchange Commission regulations; and OTC Link Electronic Communication Networks (ECN) that acts as an agency intermediary in relation to various transactions executed on the ECN's platform.
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