OTC Markets Group Inc. (OTCM) Releases Earnings Results, Beats Expectations By $0.18 EPS
OTC Markets Group Inc. (OTCMKTS:OTCM) announced its quarterly earnings results on Wednesday. The financial services provider reported $0.45 EPS for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.18, Bloomberg Earnings reports. OTC Markets Group had a net margin of 23.59% and a return on equity of 109.51%.
Shares of OTC Markets Group (OTCMKTS OTCM) traded up $1.05 during trading hours on Wednesday, hitting $26.80. 940 shares of the company’s stock were exchanged, compared to its average volume of 2,658. OTC Markets Group has a 1 year low of $17.40 and a 1 year high of $32.25. The firm has a market cap of $306.09, a price-to-earnings ratio of 15.70 and a beta of 0.28.
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About OTC Markets Group
OTC Markets Group Inc, formerly Pink OTC Markets, operates open, transparent and connected financial markets for over 10,000 United States and global securities. The Company, through OTC Link Alternative Trading System (ATS), links a diverse network of broker-dealers for the provision of liquidity and execution services for a range of securities.
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