News coverage about OTC Markets Group (OTCMKTS:OTCM) has been trending somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing more than 6,000 blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. OTC Markets Group earned a news sentiment score of 0.83 on their scale. InfoTrie also assigned media headlines about the financial services provider an news buzz score of 0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have effected OTC Markets Group’s ranking:
- OTC Markets’ Chris King ‘busting the myths’ and explains why more firms are listing on its platform (proactiveinvestors.co.uk)
- PharmaCielo Commences Trading On OTCQX (finance.yahoo.com)
- OTC Markets Group Welcomes PharmaCielo Ltd. to OTCQX (prnewswire.com)
- Urbem’s ‘Wonderful Business’ Series: OTC Markets Group (news.yahoo.com)
- OTC Markets Group (OTCMKTS:OTCM) Given News Impact Score of 0.83 (americanbankingnews.com)
OTC Markets Group stock traded up $0.75 during mid-day trading on Wednesday, hitting $33.75. 2,760 shares of the company’s stock were exchanged, compared to its average volume of 3,409. The firm has a market capitalization of $384.45 million, a P/E ratio of 17.10, a PEG ratio of 2.24 and a beta of 0.40. OTC Markets Group has a fifty-two week low of $26.50 and a fifty-two week high of $40.00. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.93. The company’s 50 day simple moving average is $34.06 and its 200-day simple moving average is $33.41.
OTCM has been the topic of a number of recent research reports. Zacks Investment Research lowered OTC Markets Group from a “hold” rating to a “sell” rating in a research report on Thursday, November 21st. ValuEngine lowered OTC Markets Group from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd.
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 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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