OTC Markets Group (OTCMKTS:OTCM) Reaches New 52-Week Low at $48.25

OTC Markets Group Inc. (OTCMKTS:OTCM) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $48.25 and last traded at $48.70, with a volume of 5098 shares changing hands. The stock had previously closed at $49.00.

OTC Markets Group Stock Performance

The company has a market cap of $582.94 million, a P/E ratio of 21.64, a PEG ratio of 2.13 and a beta of 0.54. The company has a fifty day moving average price of $50.46 and a two-hundred day moving average price of $54.13.

OTC Markets Group (OTCMKTS:OTCM) last announced its quarterly earnings data on Wednesday, May 8th. The financial services provider reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.08). OTC Markets Group had a net margin of 24.95% and a return on equity of 73.70%. The company had revenue of $27.66 million during the quarter, compared to the consensus estimate of $28.38 million. Research analysts anticipate that OTC Markets Group Inc. will post 2.58 EPS for the current year.

OTC Markets Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 20th. Investors of record on Thursday, June 6th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date was Thursday, June 6th. OTC Markets Group’s payout ratio is currently 32.00%.

OTC Markets Group Company Profile

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.