OTC Markets Group Inc. (OTCMKTS:OTCM – Get Free Report) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 4,574 shares, a growth of 301.9% from the May 14th total of 1,138 shares. Based on an average daily volume of 29,650 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.
OTC Markets Group Trading Up 0.2%
OTCM traded up $0.12 on Thursday, hitting $51.44. 14,906 shares of the stock traded hands, compared to its average volume of 7,029. OTC Markets Group has a 52 week low of $49.35 and a 52 week high of $60.50. The firm has a market capitalization of $617.28 million, a PE ratio of 19.34, a P/E/G ratio of 1.41 and a beta of 0.30. The business has a fifty day moving average price of $53.42 and a two-hundred day moving average price of $53.15.
OTC Markets Group (OTCMKTS:OTCM – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.02). OTC Markets Group had a net margin of 24.81% and a return on equity of 71.29%. The firm had revenue of $34.84 million for the quarter, compared to the consensus estimate of $32.11 million. On average, equities research analysts forecast that OTC Markets Group will post 2.81 EPS for the current fiscal year.
About OTC Markets Group
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.
Read More
- Five stocks we like better than OTC Markets Group
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Receive News & Ratings for OTC Markets Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OTC Markets Group and related companies with MarketBeat.com's FREE daily email newsletter.
