Oppenheimer (OPY) Downgraded by ValuEngine to “Hold”
Oppenheimer (NYSE:OPY) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.
Oppenheimer (NYSE:OPY) traded up $0.25 on Friday, reaching $27.20. The company had a trading volume of 89,292 shares, compared to its average volume of 117,393. The company has a current ratio of 1.22, a quick ratio of 0.64 and a debt-to-equity ratio of 0.39. Oppenheimer has a 1-year low of $15.10 and a 1-year high of $27.80.
Oppenheimer (NYSE:OPY) last posted its quarterly earnings results on Friday, October 27th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.38. Oppenheimer had a negative net margin of 0.02% and a negative return on equity of 0.40%. The business had revenue of $226.22 million during the quarter.
Oppenheimer Company Profile
Oppenheimer Holdings Inc is a middle-market investment bank and service broker-dealer. The Company is engaged in a range of activities in the securities industry, including retail securities brokerage, institutional sales and trading, investment banking, research, market-making, trust services, and investment advisory and asset management services.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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