OTC Markets Group (OTCM) Receiving Somewhat Positive Media Coverage, Report Finds

News articles about OTC Markets Group (OTCMKTS:OTCM) have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. OTC Markets Group earned a coverage optimism score of 1.84 on their scale. InfoTrie also gave press coverage about the financial services provider an news buzz score of 2 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the news stories that may have effected OTC Markets Group’s score:

A number of analysts recently weighed in on OTCM shares. Zacks Investment Research raised shares of OTC Markets Group from a “sell” rating to a “hold” rating in a research report on Saturday, September 22nd. ValuEngine raised shares of OTC Markets Group from a “hold” rating to a “buy” rating in a research report on Wednesday, October 17th.

Shares of OTCM stock opened at $32.00 on Wednesday. The company has a market cap of $368.33 million, a P/E ratio of 17.58 and a beta of 0.09. OTC Markets Group has a 52-week low of $23.12 and a 52-week high of $34.94.

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

The company also recently announced a None dividend, which will be paid on Wednesday, December 5th. Shareholders of record on Wednesday, November 21st will be paid a $0.65 dividend. The ex-dividend date of this dividend is Tuesday, November 20th. OTC Markets Group’s dividend payout ratio (DPR) is 32.97%.

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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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