Somewhat Positive News Coverage Very Unlikely to Impact OTC Markets Group (OTCM) Share Price

News articles about OTC Markets Group (OTCMKTS:OTCM) have trended somewhat positive on Saturday, InfoTrie reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. OTC Markets Group earned a coverage optimism score of 0.72 on their scale. InfoTrie also assigned news stories about the financial services provider an news buzz score of 2 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the headlines that may have effected OTC Markets Group’s analysis:

Shares of OTCM opened at $32.70 on Friday. The firm has a market capitalization of $372.37 million, a P/E ratio of 17.97 and a beta of 0.09. OTC Markets Group has a twelve month low of $23.12 and a twelve month high of $34.94.

OTC Markets Group (OTCMKTS:OTCM) last issued its earnings results on Tuesday, August 14th. The financial services provider reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.16. The firm had revenue of $14.06 million during the quarter. As a group, analysts predict that OTC Markets Group will post 1.31 earnings per share for the current fiscal year.

The business also recently declared a None dividend, which will be paid on Wednesday, December 5th. Investors of record on Wednesday, November 21st will be issued a $0.65 dividend. The ex-dividend date of this dividend is Tuesday, November 20th. OTC Markets Group’s dividend payout ratio is currently 32.97%.

A number of equities research analysts recently issued reports on OTCM shares. Zacks Investment Research raised OTC Markets Group from a “sell” rating to a “hold” rating in a research note on Saturday, September 22nd. ValuEngine lowered OTC Markets Group from a “buy” rating to a “hold” rating in a research note on Tuesday, August 28th.

WARNING: “Somewhat Positive News Coverage Very Unlikely to Impact OTC Markets Group (OTCM) Share Price” was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this report on another domain, it was illegally copied and republished in violation of US and international copyright law. The legal version of this report can be viewed at https://www.americanbankingnews.com/2018/11/10/somewhat-positive-news-coverage-very-unlikely-to-impact-otc-markets-group-otcm-share-price.html.

OTC Markets Group Company Profile

OTC Markets Group Inc engages in the financial market business in the United States. It offers OTC Link Alternative Trading System, which connects a network of brokers-dealers providing liquidity and execution services for various securities. The company also provides investors, traders, institutions, and regulators with a suite of enterprise and user level market data licenses through direct or extranet connectivity, third party market data redistributors, or order management systems.

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