OTC Markets Group (OTCMKTS:OTCM) Releases Earnings Results, Misses Estimates By $0.05 EPS

OTC Markets Group (OTCMKTS:OTCM) posted its earnings results on Wednesday. The financial services provider reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.05), Zacks reports. OTC Markets Group had a net margin of 24.95% and a return on equity of 73.70%.

OTC Markets Group Price Performance

Shares of OTC Markets Group stock traded up $0.34 during trading hours on Wednesday, reaching $52.55. The company’s stock had a trading volume of 13,952 shares, compared to its average volume of 6,506. The firm has a 50 day moving average price of $53.69 and a 200-day moving average price of $53.49. The stock has a market cap of $630.07 million, a P/E ratio of 18.97, a P/E/G ratio of 1.45 and a beta of 0.36. OTC Markets Group has a one year low of $50.01 and a one year high of $58.00.

About OTC Markets Group

OTC Markets Group operates marketplaces for trading over-the-counter securities and provides market data and services to broker-dealers, investors, and public companies. Its OTCQX, OTCQB, and OTC Pink markets offer different levels of issuer eligibility and disclosure standards. The company also operates OTC Link, an electronic interdealer quotation and trading system, and provides services such as issuer disclosure solutions, corporate actions processing, and market data distribution. Its platforms support trading in securities of U.S. and international companies.