OTC Markets Group (OTCM) Earning Somewhat Favorable News Coverage, Study Finds
News articles about OTC Markets Group (OTCMKTS:OTCM) have trended somewhat positive on Wednesday, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. OTC Markets Group earned a news sentiment score of 1.00 on their scale. InfoTrie also assigned headlines about the financial services provider an news buzz score of 6 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock’s share price in the near term.
Separately, Zacks Investment Research lowered OTC Markets Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 16th.
Shares of OTCM opened at $31.40 on Wednesday. OTC Markets Group has a 52 week low of $25.37 and a 52 week high of $40.00. The stock has a market capitalization of $364.87 million, a P/E ratio of 16.27 and a beta of 0.22.
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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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