OTC Markets Group (OTCMKTS:OTCM) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Shares of OTC Markets Group Inc. (OTCMKTS:OTCM) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $53.19 and traded as high as $56.25. OTC Markets Group shares last traded at $56.25, with a volume of 2,978 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of OTC Markets Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 13th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

OTC Markets Group Trading Up 2.9%

The firm has a 50-day moving average of $52.46 and a 200 day moving average of $53.19. The company has a market cap of $676.13 million, a P/E ratio of 23.34, a price-to-earnings-growth ratio of 1.50 and a beta of 0.38.

OTC Markets Group (OTCMKTS:OTCM) last issued its earnings results on Wednesday, November 12th. The financial services provider reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.09. OTC Markets Group had a return on equity of 67.77% and a net margin of 24.06%.The business had revenue of $30.66 million during the quarter, compared to the consensus estimate of $29.49 million. On average, equities analysts predict that OTC Markets Group Inc. will post 2.4 EPS for the current 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.