Last $15.50 USD
Change Today +0.20 / 1.31%
Volume 1.5K
OTCM On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

otc markets group inc-a (OTCM) Snapshot

Open
$15.50
Previous Close
$15.30
Day High
$15.59
Day Low
$15.49
52 Week High
03/2/15 - $15.59
52 Week Low
03/20/14 - $7.95
Market Cap
173.4M
Average Volume 10 Days
3.8K
EPS TTM
$0.60
Shares Outstanding
11.1M
EX-Date
12/5/14
P/E TM
25.7x
Dividend
$0.40
Dividend Yield
5.29%
Current Stock Chart for OTC MARKETS GROUP INC-A (OTCM)

otc markets group inc-a (OTCM) Related Businessweek News

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otc markets group inc-a (OTCM) Details

OTC Markets Group Inc. operates financial marketplaces for various U.S. and global securities. The company provides various products and services, including trading technologies and market information for broker-dealers, companies, investors, and market data distributors. Its OTC Link ATS Trading Service directly links a diverse network of broker-dealers that provide liquidity and execution services for a spectrum of securities. The company organizes these securities into marketplaces to inform investors of opportunities and risks, including OTCQX, the marketplace with qualified companies; OTCQB, the venture stage marketplace with reporting companies; and OTC Pink, the open marketplace with variable reporting companies. It also offers OTC Dealer, a trading application for OTC markets that provides an interface for traders to manage their market making and agency trading activities; OTCQuote.com that enables to view real-time OTC market quote and trade data; and OTC FIX for quote submission, trading, and routing of execution reports. In addition, the company provides market data licensing, Website advertising, and corporate services; OTC Disclosure and News Service for posting financial reports, disclosure documents, and news releases; Real-Time Level 2 Quote Display, a service that companies sponsor to make Level 2 quotes available for free to investors on otcmarkets.com Website; and Blue Sky Monitoring Service for analysis, review, and guidance to companies about compliance with each U.S. state’s securities laws. The company also provides quoting and trade messaging via OTC Link ATS; desktop applications for traders; incoming and outgoing market data feeds; multiple Website portals; and other data related products. The company was formerly known as Pink OTC Markets Inc. and changed its name to OTC Markets Group Inc in January 2011. OTC Markets Group Inc. was founded in 1904 and is headquartered in New York, New York.

Founded in 1904

otc markets group inc-a (OTCM) Top Compensated Officers

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Executives, Board Directors

otc markets group inc-a (OTCM) Key Developments

OTC Markets Group Appoints Robert H. Power as Corporate Client Relationship Director

OTC Markets Group Inc. announced it has appointed Robert H. Power as Corporate Client Relationship Director, a newly-created position. Power joins OTC Markets Group from The New York Stock Exchange, where he served as Vice President and Co-Head of Sales for the Global Corporate Client Group, responsible for building relationships with over 1,000 NYSE-listed U.S. companies and listing publicly-traded companies that are listed on other U.S. equities markets.

Otc Markets Group Inc Declares Quarterly Cash Dividend, Payable on December 23, 2014; Declares Special Dividend, Payable on December 8, 2014

OTC Markets Group announced that its Board of Directors authorized two dividends on its Class A Common Stock; a quarterly cash dividend of $0.10 per share and a special cash dividend of $0.50. The special dividend is payable on December 8, 2014 to stockholders of record on November 24, 2014. The ex-dividend date is November 20, 2014. The quarterly cash dividend is payable on December 23, 2014 to stockholders of record on December 9, 2014. The ex-dividend date is December 5, 2014.

OTC Markets Group Inc Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

OTC Markets Group Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported that gross revenues increased $1.8 million, or 21%, to $10.8 million compared to $8.96 million reported a year ago, driven by a $1.3 million, or 36%, increase in Market Data Licensing revenue. Income from operations increased $1.2 million, or 53%, to $3.4 million during the third quarter of 2014 compared to $2.26 million reported a year ago. These increases were primarily attributable to the increase in Market Data Licensing revenues and controlled increases in operating expenses. Net income was $1.9 million compared to $1.43 million reported a year ago, increased $0.5 million, or 35%, over the same prior year period, primarily due to the increase in operating income, partially offset by an increase in the provision for income taxes. Net income per diluted share was $0.17 as compared to $0.13 during the third quarter of 2013. Adjusted EBITDA increased 44% to $4.2 million, or $0.36 per adjusted diluted share as compared to $2.9 million, or $0.27 per adjusted diluted share during the same prior year period primarily due to an increase in income from operations. The company reported net revenues of $10.206 million and income before provision for income taxes of $3.45 million compared to net revenues of $8.48 million and income before provision for income taxes of $2.26 million reported a year ago. For the year to date, gross revenues increased $4.5 million, or 17%, to $31.0 million compared to $26.52 million reported a year ago. Consistent with its results for the prior two quarters, the combined impact of price increases and expansion of the subscriber base drove an increase in Market Data Licensing revenue of $4.2 million, or 39%. Income from operations increased $3.0 million, or 52%, to $8.9 million compared to $5.86 million reported a year ago. The increase was primarily attributable to the increase in Market Data Licensing revenues and controlled increases in operating expenses. Net income increased $1.1 million, or 28%, to $5.2 million compared to $4.06 million reported a year ago. The increase in income from operations was partially offset by a $1.9 million increase in the provision for income taxes. Net income per diluted share was $0.46 as compared to $0.37 during the same prior year period. Adjusted EBITDA increased 38% to $11.0 million, or $0.96 per adjusted diluted share as compared to $8.0 million, or $0.74 per adjusted diluted share during the same prior year period primarily due to an increase in income from operations. The company reported net revenues of $29.23 million and income before provision for income taxes of $8.92 million compared to net revenues of $25.12 million and income before provision for income taxes of $5.86 million reported a year ago.

 

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Industry Analysis

OTCM

Industry Average

Valuation OTCM Industry Range
Price/Earnings 25.0x
Price/Sales 4.4x
Price/Book 7.7x
Price/Cash Flow 20.4x
TEV/Sales 4.0x
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